Petra Diamonds Ltd - Director/PDMR Shareholding

[image] 20 May 2024 LSE: PDL Petra Diamonds Limited (Petra, the Company or the Group) Notification and public disclosure of transactions by Director/PDMR Shareholding The Company was notified on 17 May 2024 of the purchase of shares in the Company byJosé-Manuel Vargas, a Non-Executive Director ofPetra Diamonds Limited. Mr Vargas has purchased 1,500,000 ordinary shares of0.05 penceeach (the Shares) in the Company at an average price of40 penceper Share. As a result of these trades,Mr Vargas now holds 17,000,000 Shares representing approximately 8.75% of the Company's issued share capital. +---------------+----------------------+--------------------------------------+ |1. |Details of the person | | |discharging managerial | | |responsibilities / | | |person closely | | |associated | +---------------+----------------------+--------------------------------------+ |a. |Name |José-Manuel Vargas | +---------------+----------------------+--------------------------------------+ |2. |Reason for the | | |notification | +---------------+----------------------+--------------------------------------+ |a. |Position/status |Non-Executive Director | +---------------+----------------------+--------------------------------------+ |b. |Initial |Initial Notification | | |notification/Amendment| | +---------------+----------------------+--------------------------------------+ |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 |Ordinary shares of 0.05p per share par| | |Financial instrument, |value | | |type | | | | |BMG702782084 | | |of instrument | | | | | | | |Identification code | | +---------------+----------------------+--------------------------------------+ |b. |Nature of the |Purchase of ordinary Shares | | |transaction | | +---------------+----------------------+--------------------------------------+ |c. |Price(s) and volume(s)| | | | |+--------+---------+ | | | ||Price(s)|Volume(s)| | | | |+--------+---------+ | | | ||40.00p |1,500,000| | | | |+--------+---------+ | +---------------+----------------------+--------------------------------------+ |d. |Aggregated information|1,500,000 | | | | | | | · Aggregated volume |£600,000 | | | · Price | | +---------------+----------------------+--------------------------------------+ |e. |Date of the |17 May 2024 | | |transaction | | +---------------+----------------------+--------------------------------------+ | |Place of the |London Stock Exchange, Main Market | | a. |transaction |(XLON) | |               | | | +---------------+----------------------+--------------------------------------+ ~ Ends ~ For further information, please contact: Investor Relations, LondonTelephone: +44 20 7494 8203 Patrick Pittawayinvestorrelations@petradiamonds.com Julia Stone 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 inSouth Africa(Cullinan Mine, Finsch and Koffiefontein) and one open pit mine inTanzania(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 on8 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 theLondon Stock Exchangeunder the ticker 'PDL'. The Company's loan notes due in 2026 are listed on theIrish Stock Exchangeand admitted to trading on theGlobal Exchange Market. For more information, visitwww.petradiamonds.com. This information was brought to you by Cision http://news.cision.com https://news.cision.com/petra-diamonds-ltd/r/director-pdmr-shareholding,c3984516 The following files are available for download: https://news.cision.com/petra-diamonds-ltd/i/3984516-0-jpeg,c3302080 3984516_0.jpeg

XLON