Business
Sale of the 424.89 carat Legacy Diamond
Sale of the 424.89 carat Legacy Diamond.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 0017Z Petra Diamonds Limited 14 May 2019 \n\n\n\n\n\n\n\n\n\n\n\n \n \n \n \n\n\n\n14 May 2019\n\n\nLSE: PDL\n\n\n\n \nPetra Diamonds Limited \n(\"Petra\", \"the Company\" or \"the Group\")\n \nSale of the 424.89 carat 'Legacy of the Cullinan Diamond Mine'\n \nPetra Diamonds is pleased to announce the sale of the 424.89 carat 'Legacy of the Cullinan Diamond Mine' to Stargems Group / Choron ( Belgium ) BVBA for just under $15 million.\n\nThis exceptional D colour Type IIa gem mined from the Cullinan C-Cut adds to the most famous diamonds to have originated from this historic mine. \n\nRichard Duffy, Chief Executive Officer, commented on the sale: \n'This is a significant sale for Petra Diamonds and an endorsement of the quality not only of the Legacy diamond, but also the Cullinan ore body itself, which is known for its exceptional stones.'\n\nMr Shailesh Javeri, Chairman of Stargems Group commented: \n'The Cullinan Diamond Mine has produced some of the most iconic diamonds the world has ever seen and as a key client of Petra Diamonds we are honoured to have the opportunity to polish the 'Legacy of the Cullinan Diamond Mine'.\n \nPhotos of the 'Legacy of the Cullinan Diamond Mine' can be found at www.petradiamonds.com/media/image-library/diamonds.\n \n \n~ Ends ~\n \nFor further information, please contact:\n \nPetra Diamonds, London Telephone: +44 20 7494 8203\nMarianna Bowes [email protected] \nDes Kilalea  ...