Dividend Payment Information

RNS Number : 5260G

Petra Diamonds Limited

23 November 2015

 

23 November 2015

LSE: PDL

Petra Diamonds Limited

("Petra" or the "Company")

Dividend Payment Information

Petra Diamonds Limited announces information regarding its FY 2015 dividend payment of US$ 3.0 cents per share, as well as results of the Dividend Reinvestment Plan ("DRIP") and the Sterling dividend currency election, whereby the dividend is paid in Sterling rather than US Dollars ("Currency Election").

The DRIP was taken up by shareholders holding 2,301,034 shares (0.44% of shares in issue). The Currency Election was made by shareholders holding 180,999,414 shares (34.62% of shares in issue).

For shareholders choosing the DRIP or Currency Election, the Sterling dividend was converted from US Dollars on 19 November 2015 at an exchange rate of US$1.5256:GBP1 and will be 1.96644 pence per share.

The dividend payment date is 7 December 2015, subject to approval of the dividend by shareholders at the Company's Annual General Meeting on 30 November 2015, and is payable to shareholders on the register as at 16 October 2015.

For further information on Petra's dividend, please see the Company website: https://www.petradiamonds.com/investors/shareholders/dividends/.  

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For further information, please contact:

Petra Diamonds, London                                        Telephone: [phone]

Cathy Malins                                                               [e-mail]

Cornelia Grant                                                             [e-mail]

Buchanan                                                                  Telephone: [phone]

(PR Adviser)

Bobby Morse                                                               [e-mail]

Anna Michniewicz                                                       [e-mail]

RBC Capital Markets                                               Telephone: [phone]

(Joint Broker)

Matthew Coakes                                                         [e-mail]

Jonathan Hardy                                                           [e-mail]

Barclays                                                                     Telephone: [phone]

(Joint Broker)

Bertie Whitehead                                                        [e-mail]

Philip Drake                                                                 [e-mail]

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 interests in five producing mines: four in South Africa (Finsch, Cullinan, Koffiefontein and Kimberley Underground) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana.

Petra has a core objective to steadily increase annual production to ca. 5 million carats by FY 2019. The Group has a significant resource base of ca. 300 million carats.

Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a member of the FTSE 250. For more information, visit the Company's website at www.petradiamonds.com. 

 

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