Appointment of Brokers

RNS Number : 3506A

Petra Diamonds Limited

28 May 2019

 

28 May 2019

LSE: PDL

Petra Diamonds Limited

("Petra", "the Company" or "the Group")

Appointment of Brokers

Petra Diamonds is pleased to announce the appointment of Peel Hunt LLP and Tamesis Partners LLP as joint brokers to the Company alongside existing brokers Barclays Bank PLC and BMO Capital Markets Limited with immediate effect. 

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For further information, please contact:

Petra Diamonds, London                                         Telephone: [phone]

Marianna Bowes                                                         [e-mail] 

Des Kilalea                                                                 

Salisha Ilyas 

Buchanan                                                                  Telephone: [phone]

(PR Adviser)                                                               [e-mail] 

Bobby Morse

Chris Judd

Ariadna Peretz

Peel Hunt                                                                   Telephone: [phone]

Ross Allister                                                               

James Bavister                                                                      

Tamesis Partners                                                     Telephone: [phone]

Richard Greenfield                                                    

James Bavister

Barclays                                                                    Telephone: [phone]
Rob Mayhew

Edward Hill 

BMO Capital Markets Limited                                Telephone: [phone]

Jeff Couch

Thomas Rider

Neil Elliot

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company has a diversified portfolio incorporating interests in three underground producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit producing mine in Tanzania (Williamson). Petra also conducts a limited exploration programme in Botswana and South Africa, which is currently under review.

Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base of ca. 290 million carats, which supports the potential for long-life operations.

Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. The Company aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a constituent of the FTSE4Good Index. For more information, visit www.petradiamonds.com.

 

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