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Pin to quick picksPetra Diamonds Regulatory News (PDL)

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8.80    -0.70 (-7.37%)
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Spread: 0.28 (3.182%)
Market Cap: £29.52m
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Notification re:trading

10 Nov 2011 07:00

RNS Number : 8290R
Petra Diamonds Ld
10 November 2011
 



 

 

10 November 2011

AIM: PDL

 

Petra Diamonds Limited

("Petra" or the "Company")

 

Step up to Main Market and Notification of Cancellation of Trading on AIM

 

 

Further to recent announcements, Petra confirms its intention to apply for admission, with a premium listing, of its entire issued share capital to the Official List of the UK Listing Authority (the "Listing"), and for admission to trading on the London Stock Exchange's Main Market ("Admission"). It is expected that Listing and Admission will take place on or shortly after 8 December 2011 at which time admission of the Company's shares to trading on AIM will be cancelled.  

 

 

For further information, please contact:

 

Petra Diamonds, London

Telephone: +44 20 7318 0452

Cathy Malins

cathym@petradiamonds.com

 

Buchanan

(PR Adviser)

Telephone: +44 20 7466 5000

Bobby Morse

James Strong

bobbym@buchanan.uk.com

jamess@buchanan.uk.com

 

RBC Europe Limited

(Financial Adviser and Joint Broker)

Telephone: +44 20 7653 4000

Joshua Critchley

joshua.critchley@rbccm.com

Martin Eales

martin.eales@rbccm.com

 

Canaccord Genuity Limited

(NOMAD and Joint Broker)

Telephone: +44 20 7050 6500

Andrew Chubb

achubb@canaccordgenuity.com

Ryan Cohen

rcohen@canaccordgenuity.com

 

 

About Petra Diamonds Limited

 

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has a well-diversified portfolio, with interests in eight producing mines: seven in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson).

 

Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to over 5 million carats by FY 2019. The Group has a major reserves and resources base in excess of 300 million carats.

 

Petra conducts all its operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. For more information, visit www.petradiamonds.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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