Results of Annual General Meeting

RNS Number : 3717H

Petra Diamonds Limited

30 November 2015

 

30 November 2015

LSE: PDL

Petra Diamonds Limited

("Petra" or the "Company")

Results of Annual General Meeting

Petra Diamonds Limited is pleased to announce that, at its AGM held earlier today, shareholders passed each of the ordinary and special resolutions by the requisite majorities on a poll. The full text of each resolution is contained in the Notice of Annual General Meeting, which is available on the Company's website. The total number of votes cast for each resolution is set out in the table below.

Resolutions	Votes for (incl. discretionary)	% of Votes cast	Votes against	% of Votes Cast	Total Votes Cast	Total Votes Withheld
1. To receive the Financial Statements of      the Company for the year ended 30     June 2015, together with the Reports     of the Directors and Auditors thereon.	406,269,842	100	0	0	406,269,842	233,462
2. To approve the Directors' Annual       Remuneration  Report for the year      ended 30 June 2015.	382,340,855	97.65	9,207,516	2.35	391,548,371	14,954,933
3. To approve the final dividend declared on     The ordinary shares of the Company for     the year ended 30 June 2015 of US$3.0     cents per ordinary share.	406,503,304	100	0	0	406,503,304	0
4. To re-appoint BDO LLP as Auditors to     act as such until the conclusion of the     next AGM of the Company.	402,336,637	99.97	111,116	0.03	402,447,753	4,055,551
5. To authorise the Directors of the     Company to fix the remuneration of the     Auditors.	406,501,268	100	0	0	406,501,268	2,036
6. To re-appoint Mr Adonis Pouroulis,     who retires in accordance with the     Company's Bye-Laws, as a Director of     the Company.	390,641,512	97.60	9,622,109	2.40	400,263,621	6,239,683
7. To re-appoint Mr Christoffel Johannes     Dippenaar, who retires in accordance     with the Company's Bye-Laws, as a     Director of the Company.	396,805,664	97.85	8,704,696	2.15	405,510,360	992,944
8. To re-appoint Mr David Gary Abery,      who retires in accordance with the      Company's Bye-Laws, as a Director of      the Company.	396,181,913	97.70	9,328,447	2.30	405,510,360	992,944
9. To re-appoint Mr James Murry       Davidson, who retires in accordance      with the Company's Bye-Laws, as a      Director of the Company.	396,178,613	97.70	9,331,747	2.30	405,510,360	992,944
10. To re-appoint Mr Anthony Carmel      Lowrie, who retires in accordance with      the Company's Bye-Laws, as a      Director of the Company.	405,349,079	99.96	157,981	0.04	405,507,060	996,244
11. To re-appoint Dr Patrick John Bartlett,       who retires in accordance with the       Company's Bye-Laws, as a Director       of the Company.	405,349,079	99.96	157,981	0.04	405,507,060	996,244
12.  To re-appoint Mr Alexander Gordon        Kelso Hamilton, who retires in        accordance with the Company's        Bye-Laws, as a Director of the        Company.	405,129,089	99.91	381,271	0.09	405,510,360	992,944
13.  To re-appoint Ms Octavia Matshidiso        Matloa, who retires in accordance with the        Company's Bye-Laws, as a Director of the        Company.	405,349,079	99.96	161,281	0.04	405,510,360	992,944
14. To authorise the Directors of the        Company to allot Relevant Securities        within the meaning of Bye-Law 2.4 of        the Company's Bye-Laws.	406,501,304	100	1,000	0.00	406,502,304	1,000
15. To disapply the pre-emption        provisions of Bye-Law 2.5(a)        pursuant to Bye-Law 2.6(a)(i) of the        Company's Bye-Laws.	406,491,203	100	11,101	0.00	406,502,304	1,000

Notes:

1. Votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

3. Total number of ordinary shares in issue as at 5pm on 27 November 2015 was 522,795,562.

In accordance with LR 9.6.2R the full text of resolution 14 has been submitted to the National Storage Mechanism and will be available for inspection at www.Hemscott.com/nsm.do.

~ Ends ~

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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