Results of Annual General Meeting

RNS Number : 4938X

Petra Diamonds Limited

24 November 2017

 

24 November 2017

LSE: PDL

 

Petra Diamonds Limited

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

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 2017, together with the Reports     of the Directors and Auditors thereon.	386,349,566	100.00	0	0.00	386,349,566	0
2. To approve the Directors' Annual       Remuneration Report for the year      ended 30 June 2017.	376,104,402	99.88	465,781	0.12	376,570,183	9,779,383
3. To approve the Directors' Remuneration     Policy, as contained in the 2017 Annual     Report.	376,406,002	99.96	164,181	0.04	376,570,183	9,779,383
4. To re-appoint BDO LLP as Auditors to     act as such until the conclusion of the     next AGM of the Company.	386,346,585	100.00	2,981	0.00	386,349,566	0
5. To authorise the Directors of the     Company to fix the remuneration of the     Auditors.	386,047,966	99.92	301,600	0.08	386,349,566	0
6. To re-appoint Mr Adonis Pouroulis,     who retires in accordance with the     Company's Bye-Laws, as a Director of     the Company.	310,502,042	80.61	74,707,364	19.39	385,209,406	1,140,160
7. To re-appoint Mr Christoffel Johannes     Dippenaar, who retires in accordance     with the Company's Bye-Laws, as a     Director of the Company.	379,882,660	98.33	6,466,906	1.67	386,349,566	0
8. To re-appoint Mr James Murry       Davidson, who retires in accordance      with the Company's Bye-Laws, as a      Director of the Company.	383,124,131	99.17	3,225,435	0.83	386,349,566	0
9. To re-appoint Mr Anthony Carmel      Lowrie, who retires in accordance with      the Company's Bye-Laws, as a      Director of the Company.	319,966,668	82.82	66,382,898	17.18	386,349,566	0
10. To re-appoint Dr Patrick John Bartlett,       who retires in accordance with the       Company's Bye-Laws, as a Director       of the Company.	383,125,131	99.17	3,224,435	0.83	386,349,566	0
11.  To re-appoint Mr Alexander Gordon        Kelso Hamilton, who retires in        accordance with the Company's        Bye-Laws, as a Director of the        Company.	386,105,735	99.94	243,831	0.06	386,349,566	0
12.  To re-appoint Ms Octavia Matshidiso        Matloa, who retires in accordance with the        Company's Bye-Laws, as a Director of the        Company.	383,124,131	99.17	3,225,435	0.83	386,349,566	0
13. 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.	386,345,586	100.00	3,980	0.00	386,349,566	0
14. 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.	386,345,586	100.00	3,980	0.00	386,349,566	0

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 23 November 2017 was 532,072,039.

In accordance with LR 9.6.2R the full text of resolution 13 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] 

Buchanan                                                                  Telephone: [phone]

(PR Adviser)

Bobby Morse                                                               [e-mail]

Anna Michniewicz                                                       [e-mail]

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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 operations: three underground mines in South Africa (Finsch, Cullinan and Koffiefontein), the Kimberley Ekapa Mining joint venture (including the Kimberley Underground mine and extensive tailings retreatment operations) and one open pit mine in Tanzania (Williamson).  It also maintains an exploration programme in Botswana and South Africa.

Petra has a core objective to steadily increase annual production to 5.0 - 5.3 million from FY 2019 onwards. The Group has a significant resource base in excess of 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 constituent of the FTSE4Good Index. For more information, visit www.petradiamonds.com.

 

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