Business
Results of the Rights Issue
Results of the Rights Issue.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 9807S Petra Diamonds Limited 29 June 2018 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, ANY OF THE EXCLUDED TERRITORIES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.\n \nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING IN IT SHALL CONSTITUTE AN OFFERING OF ANY SECURITIES. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY PROVISIONAL ALLOTMENT LETTER, NIL PAID RIGHTS, DI NIL PAID RIGHTS, Rights Issue Shares AND/OR NEW DIS MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS ONCE PUBLISHED.\n \nPLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\n \nFOR IMMEDIATE RELEASE\n\n\n\n\n\n\n\n\n\n\n \n \n \n\n\n\n29 June 2018\n\n\nLSE: PDL\n\n\n\n \nPetra Diamonds Limited \n(\"Petra\", \"the Company\" or \"the Group\")\n \nResults of the Rights Issue\n \n \nPetra Diamonds Limited announces that, as at 11.00 a.m. on 28 June 2018 (being the latest time and date for receipt of valid acceptances under the Rights Issue), it has received valid acceptances in respect of 316,092,040 ordinary shares of 10 pence each in the capital of the Company (the \"Accepted Shares\") representing approximately 94.97 % of the total number of Rights Issue Shares offered pursuant to the 5 for 8 Rights Issue, announced by the Company on 24 May 2018 (the \"Rights Issue\").\n \nIt is expected that dealings in Rights Issue Shares (fully paid) will commence on the Main Market of the London Stock Exchange from 8.00 a.m. today, 29 June 2018.\n \nIt is also expected that the Rights Issue Shares held in uncertificated form will be credited to CREST stock accounts as soon as practicable after 8.00 a.m. today, 29 June 2018, and that share certificates in respect of the Rights Issue Shares held in certificated form will be despatched by no later than 10 July 2018.\n \nIn accordance with their obligations under the Underwriting Agreement, RBC Capital Markets, acting as Global Co-ordinator, Sponsor, Joint Bookrunner and Underwriter, Ba...