REG-Petra Diamonds Ltd: Director/PDMR Shareholding

Petra DiamondsAnnouncement

08/08/2024 08:00

8 August 2024   LSE: PDL  

Petra Diamonds Limited
(Petra, the Company or the Group)

Notification and public disclosure of transactions by Directors/PDMR
shareholding

The Company was notified on 7 August 2024 of the purchase of shares in the
Company by Varda Shine, Non-Executive Chair and Richard Duffy, Chief Executive
Officer of Petra Diamonds Limited.

Ms Shine purchased 32,671 ordinary shares of 0.05 pence each in the Company
at an average price of 30 pence per share. As a result of these trades, Ms
Shine now holds 57,426 shares in the Company, representing approximately 0.03%
of the Company's issued share capital.

Mr Duffy purchased 80,879 ordinary shares of 0.05 pence each in the Company
at an average price of 30 pence per share. Following this trade, Mr Duffy's
aggregate interest in the Company is 960,872 shares, representing
approximately 0.49% of the Company's issued share capital.

 1.        Details of the person discharging managerial responsibilities / person closely associated                                                                                                             
 a.        Name                                                                                               Varda Shine                                                                                        
 2.        Reason for the notification                                                                                                                                                                           
 a.        Position/status                                                                                    Non-Executive Director (Chair)                                                                     
 b.        Initial notification/Amendment                                                                     Initial Notification                                                                               
 3.        Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a.        Name                                                                                               Petra Diamonds Limited                                                                             
 b.        LEI                                                                                                213800X4QZIAVSA12860                                                                               
 4.        Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted     
 a.        Description of the Financial instrument, typeof instrumentIdentification code                      Ordinary shares of 0.05p per shareBMG702782084                                                     
 b.        Nature of the transaction                                                                          Purchase of ordinary Shares                                                                        
 c.        Price(s) and volume(s)                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 30.035p   19,665                                                                                             
 30.060p   13,006                                                                                             
 d.        Aggregated information * Aggregated volume                                                         32,671 £9,850                                                                                      
           * Price                                                                                                                                                                                               
 e.        Date of the transaction                                                                            7 August 2024                                                                                      
 1. 1.     Place of the transaction                                                                           London Stock Exchange, Main Market (XLON)                                                          

 1.        Details of the person discharging managerial responsibilities / person closely associated                                                                                                             
 a.        Name                                                                                               Richard Duffy                                                                                      
 2.        Reason for the notification                                                                                                                                                                           
 a.        Position/status                                                                                    Executive Director (Chief Executive Officer)                                                       
 b.        Initial notification/Amendment                                                                     Initial Notification                                                                               
 3.        Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a.        Name                                                                                               Petra Diamonds Limited                                                                             
 b.        LEI                                                                                                213800X4QZIAVSA12860                                                                               
 4.        Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted     
 a.        Description of the Financial instrument, typeof instrumentIdentification code                      Ordinary shares of 0.05p per share par valueBMG702782084                                           
 b.        Nature of the transaction                                                                          Purchase of ordinary Shares                                                                        
 c.        Price(s) and volume(s)                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 29.8721p  80,879                                                                                             
 d.        Aggregated information * Aggregated volume                                                         80,879                                                                                             
           * Price                                                                                            			£ 24,160.24                                                                                     
 e.        Date of the transaction                                                                            7 August 2024                                                                                      
 1. 1.     Place of the transaction                                                                           Limit order dealt off exchange (XOFF)                                                              

~ Ends ~

For further information, please contact:

Investor Relations, London                 Telephone: +44 20
7494 8203                           
           

Patrick Pittaway                       
            investorrelations@petradiamonds.com

Kelsey Traynor

About Petra Diamonds Limited

a Diamonds is a leading independent diamond mining group and a supplier of gem
quality rough diamonds to the international market. The Company's portfolio
incorporates interests in three underground mines in South Africa (Cullinan
Mine, Finsch and Koffiefontein) and one open pit mine
in Tanzania (Williamson). The Koffiefontein mine is currently on care and
maintenance in preparation for a possible sale following the execution of a
definitive sales agreement as announced on 8 April 2024.

Petra's strategy is to focus on value rather than volume production by
optimising recoveries from its high-quality asset base in order to maximise
their efficiency and profitability. The Group has a significant resource base
which supports the potential for long-life operations.

Petra strives to conduct all operations according to the highest ethical
standards and only operates in countries which are members of the Kimberley
Process. The Company aims to generate tangible value for each of its
stakeholders, thereby contributing to the socio-economic development of its
host countries and supporting long-term sustainable operations to the benefit
of its employees, partners and communities.

Petra is quoted with a premium listing on the Main Market of the London Stock
Exchange under the ticker 'PDL'. The Company's loan notes due in 2026 are
listed on the Irish Stock Exchange and admitted to trading on the Global
Exchange Market. For more information, visit www.petradiamonds.com.



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