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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petra Diamonds Limited | LSE:PDL | London | Ordinary Share | BMG702782084 | ORD GBP0.0005 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.80 | -1.90% | 41.20 | 41.00 | 41.40 | 42.00 | 42.00 | 42.00 | 21,116 | 16:35:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPDL
RNS Number : 7434M
Petra Diamonds Limited
17 October 2016
17 October 2016 LSE: PDL
Petra Diamonds Limited
("Petra," "the Company" or "the Group")
Notification of Transactions of Directors
Petra Diamonds Limited announces the following transactions of Directors.
1. DIRECTOR TRANSACTIONS
The transactions below took place on 14 October 2016 in Jersey and were notified to the Company on the same day. The transactions relate to the exercise of share awards and the subsequent sale of these shares.
NAME TITLE LTSP(1) SHARES PSP(2) SHARES DEFFERRED SALE PRICE SOLD SOLD SHARES PER SHARE SOLD(3) -------------- ------------ --------------- ------------- ---------- ----------- Chief Johan Executive Dippenaar Officer 69,200 225,850 54,587 1.38 -------------- ------------ --------------- ------------- ---------- ----------- Technical Jim Davidson Director 169,200 210,274 50,823 1.38 -------------- ------------ --------------- ------------- ---------- -----------
1. Refers to shares originally granted on 15 May 2012 under the Company's 2011 Longer-Term Share Plan in respect of the period 1 July 2012 to 30 July 2016 that vested on 6 October 2016
2. Refers to shares originally granted on 23 December 2013 under the Company's 2012 Performance Share Plan in respect of the period 1 July 2013 to 30 June 2016 that vested on 6 October 2016
3. Originally granted on 28 November 2014, deferred awards over ordinary shares in the Company under the annual performance bonus plan that vested on 6 October 2016
There are currently 529,989,968 Ordinary Shares, which may be used by shareholders as the 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) Petra under the FCA's Disclosure and Transparency Rules.
2. Current Shareholdings of Directors
Director Total Holding of Resulting Percentage Ordinary Shares Holding in the Company following the transactions ----------------- ---------------------------- ------------------------ Johan Dippenaar 1,160,719 0.22% ----------------- ---------------------------- ------------------------
The above holdings are stated as at 17 October 2016, being the date of this announcement, with the total shares in issue (after exercise) being 529,989,968.
Ends
For further information, please contact:
Petra Diamonds, London Telephone: +44 20 7494 8203 Salisha Ilyas salisha.ilyas@petradiamonds.com Buchanan Telephone: 44 20 7466 5000 (PR Adviser) Bobby Morse bobbym@buchanan.uk.com Anna Michniewicz annam@buchanan.uk.com RBC Capital Markets Telephone: +44 20 7653 4000 (Joint Broker) Matthew Coakes matthew.coakes@rbccm.com Jonathan Hardy jonathan.hardy@rbccm.com Barclays Telephone: +44 20 7623 2323 (Joint Broker) Bertie Whitehead bertie.whitehead@barclays.com Philip Drake philip.e.drake@barclays.com BMO Capital Markets Telephone: +44 20 7236 1010 (Joint Broker) Jeffery Couch jeffery.couch@bmo.com Neil Haycock neil.haycock@bmo.com
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About Petra Diamonds Limited
Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in five producing operations: three underground mines in South Africa (Finsch, Cullinan and Koffiefontein), the Kimberley Operations (including the Kimberley Underground mine and extensive tailings retreatment operations) and one open pit mine in Tanzania (Williamson). It also maintains an exploration programme in Botswana.
Petra has a core objective to steadily increase annual production to ca. 5.3 million carats by FY 2019. The Group has a significant resource base in excess of 300 million carats.
Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a constituent of the FTSE4Good Index. For more information, visit the Company's website at www.petradiamonds.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 17, 2016 10:45 ET (14:45 GMT)
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