|
2 September 2008 |
AIM: PDL |
Petra Diamonds Limited
('the Company')
Significant Shareholding
The Company was notified on 1 September 2008 that following recent purchases Saad Investments Company Limited now holds 65,261,722 ordinary shares in the Company representing approximately 35.5% of the Company's ordinary issued share capital.
Petra Diamonds Limited is a Bermuda registered company and as such is not subject to the Takeover Code and accordingly there is no obligation for a mandatory offer under the Rules of the Takeover Code by any shareholder increasing their holding above 30% of the Company's issued share capital.
For further information, please contact:
|
Cathy Malins |
Telephone: +44 (0) 20 7318 0452 |
|
Petra Diamonds, London |
|
Adrian Hadden |
Telephone: +44 (0) 20 7523 8000 |
|
Collins Stewart, London |
or visit Petra Diamonds at www.petradiamonds.com
~ Ends ~
This information is provided by RNS