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Pin to quick picksPetra Diamonds Regulatory News (PDL)

Share Price Information for Petra Diamonds (PDL)

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8.80    -0.70 (-7.37%)
Bid:
8.80
Ask:
9.08
Spread: 0.28 (3.182%)
Market Cap: £29.52m
PDL Live PriceLast checked at - London Stock Exchange

Intraday Petra Diamonds Share Chart

Notification re:trading

10 Nov 2011 07:00

RNS Number : 8290R
Petra Diamonds Ld
10 November 2011
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10 November 2011

AIM: PDL

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Petra Diamonds Limited

("Petra" or the "Company")

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

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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. Β 

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For further information, please contact:

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Petra Diamonds, London

Telephone: +44 20 7318 0452

Cathy Malins

cathym@petradiamonds.com

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Buchanan

(PR Adviser)

Telephone: +44 20 7466 5000

Bobby Morse

James Strong

bobbym@buchanan.uk.com

jamess@buchanan.uk.com

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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

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Canaccord Genuity Limited

(NOMAD and Joint Broker)

Telephone: +44 20 7050 6500

Andrew Chubb

achubb@canaccordgenuity.com

Ryan Cohen

rcohen@canaccordgenuity.com

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About Petra Diamonds Limited

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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).

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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.

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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.

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