Notice of Trading Update

RNS Number : 7902U

Petra Diamonds Limited

12 April 2016

 

12 April 2016

LSE: PDL

Petra Diamonds Limited

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

Notice of Trading Update

Petra Diamonds Limited announces that its forthcoming Q3 FY 2016 Trading Update (including production and revenue for the three months to 31 March 2016) will be announced on Tuesday, 26 April 2016.

A conference call to discuss the Trading Update with analysts and investors will be held at 9:30am BST on Tuesday, 26 April 2016, with an additional call at 4:00pm BST to address questions from international investors. Details of both conference calls will be available in the announcement.

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For further information, please contact:

Petra Diamonds, London                                         Telephone: [phone]

Cathy Malins                                                               [e-mail]

Salisha Ilyas                                                                [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]

BMO Capital Markets                                               Telephone [phone]

(Joint Broker)

Jeffrey Couch                                                              [e-mail]

Neil Haycock                                                               [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 six producing operations: four underground mines in South Africa (Finsch, Cullinan, Koffiefontein and Kimberley Underground), extensive tailings operations in Kimberley (via its interest in the Kimberley Mines) and one open pit mine 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 constituent of the FTSE4Good Index. For more information, visit the Company's website at www.petradiamonds.com/.

 

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