Notification re:trading

RNS Number : 8290R

Petra Diamonds Ld

10 November 2011

 



10 November 2011

AIM: PDL

Petra Diamonds Limited

("Petra" or the "Company")

Step up to Main Market and Notification of Cancellation of Trading on AIM

Further to recent announcements, Petra confirms its intention to apply for admission, with a premium listing, of its entire issued share capital to the Official List of the UK Listing Authority (the "Listing"), and for admission to trading on the London Stock Exchange's Main Market ("Admission").  It is expected that Listing and Admission will take place on or shortly after 8 December 2011 at which time admission of the Company's shares to trading on AIM will be cancelled.  

For further information, please contact:

Petra Diamonds, London	Telephone: [phone]
Cathy Malins	[e-mail]

Buchanan (PR Adviser)	Telephone: [phone]
Bobby Morse James Strong	[e-mail] [e-mail]

RBC Europe Limited (Financial Adviser and Joint Broker)	Telephone: [phone]
Joshua Critchley	[e-mail]
Martin Eales	[e-mail]

Canaccord Genuity Limited (NOMAD and Joint Broker)	Telephone: [phone]
Andrew Chubb	[e-mail]
Ryan Cohen	[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 a well-diversified portfolio, with interests in eight producing mines: seven in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson).

Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to over 5 million carats by FY 2019. The Group has a major reserves and resources base in excess of 300 million carats.

Petra conducts all its operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. For more information, visit www.petradiamonds.com.

 

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