Business
Completion of Share Consolidation & TVR
Completion of Share Consolidation & TVR.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \n \n \n \n 30 November 2021\n \n \n LSE:PDL\n \n \n \n Petra Diamonds Limited\n (\"Petra\" or the \"Company\")\n Completion of Share Consolidation and Announcement of Total Voting Rights\n Further to the announcement on 19 November 2021 that shareholder approval was granted at the Annual General Meeting for a Share Consolidation, Petra is pleased to announce that the Company's Share Consolidation became effective on 29 November 2021.\n Admission of the Company's New Ordinary Shares to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities took place on 29 November 2021.\n The ISIN for the New Ordinary Shares is BMG702782084.\n As a result of the Share Consolidation and in accordance with the requirements of the FCA's Disclosure Guidance and Transparency Rule 5.6.1A, the Company hereby notifies the market that the Company's issued share capital as at 29 November 2021 consisted of 194,201,785 ordinary shares of 0.05 pence each. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company as at 29 November was 194,201,785 shares.\n The above figure may be used by shareholders and others with notification obligations as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.\n Capitalised terms not otherwise defined in this Announcement have the same meaning given to them in the notice of Annual General Meeting published by the Company on 12 October 2021.\n ~ Ends ~\n For further information, please contact:\n \n Petra Diamonds, London Telephone: +44 20 7494 8203\n Cathy Malins [email protected]\n Des Kilalea \n Julia Stone \n About Petra Diamonds Limited\n Petra 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 producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit mine in Tanzania (Williamson).\n Petra's strategy is to focus on value rather than volume producti...