We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.35 | -0.82% | 42.10 | 42.00 | 42.10 | 43.10 | 42.00 | 42.00 | 45,497 | 15:04:47 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPDL
RNS Number : 4073T
Petra Diamonds Limited
14 November 2023
14 November 2023 LSE: PDL
Petra Diamonds Limited
("Petra" or the "Company")
Results of Annual General Meeting
Petra Diamonds Limited announces that, at its Annual General Meeting (AGM) held earlier today, all resolutions set out in the Notice of AGM put to the AGM were passed by the requisite majority.
The full text of each resolution is contained in the Notice of AGM, which is available on the Company's website at https://www.petradiamonds.com/investors/shareholders/meetings/ .
Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out below. Resolution 6 was withdrawn prior to the AGM as Mr Peter Hill CBE did not offer himself up for re-election as a Director of the Company, as announced on 13 November 2023 .
Resolutions Votes for % of Votes % of Total Votes Total (incl discretionary) Votes against Votes Cast Votes Withheld cast Cast Ordinary resolutions 1. To receive the Financial Statements of the Company for the year ended 30 June 2023, together with the Reports of the Directors and Auditors (the 2023 Annual Report). 131,093,808 99.77 300,312 0.23 131,394,120 127,485 ---------------------- ------- ----------- ------- ------------ ---------------- 2. To approve the Directors' Remuneration Policy, as contained in the 2023 Annual Report. 128,932,971 98.03 2,587,621 1.97 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 3. To approve the Directors' Annual Remuneration Report (other than the part containing the Directors' Remuneration Policy) for the year ended 30 June 2023, as contained in the 2023 Annual Report. 128,933,692 98.03 2,586,900 1.97 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 4. To re-appoint BDO LLP as auditors to hold office until the conclusion of the next AGM of the Company. 131,218,269 99.77 302,323 0.23 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 5. To authorise the Directors of the Company to fix the remuneration of the auditors. 131,218,308 99.77 302,284 0.23 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 6. To re-elect Mr Peter RESOLUTION WITHDRAWN John Hill, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. ------------------------------------------------------------------------------------- 7. To re-elect Mr Richard Neil Duffy, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 131,218,041 99.77 302,551 0.23 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 8. To re-elect Mr Jacques Breytenbach, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 117,598,780 89.41 13,921,812 10.59 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 9. To re-elect Ms Varda Shine, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 128,477,372 97.69 3,043,220 2.31 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 10. To re-elect Mr Bernard Robert Pryor, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 111,672,135 84.91 19,848,457 15.09 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 11. To re-elect Ms Deborah Gudgeon, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 111,659,454 84.90 19,861,138 15.10 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 12. To re-elect Ms Alexandra Watson, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 109,871,731 83.54 21,648,861 16.46 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 13. To re-elect Mr Jon Stephen Dudas, who retires in accordance with the Company's Bye-Laws, as a Director of the Company. 130,761,556 99.42 759,036 0.58 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 14. To elect Ms Hillaren Lerato Molebatsi who was appointed by the Company's Board of Directors in accordance with the Company's Bye-Laws on 3 April 2023, as a Director of the Company. 130,838,060 99.77 302,544 0.23 131,140,604 1,013 ---------------------- ------- ----------- ------- ------------ ---------------- 15. To authorise the Directors of the Company to issue and allot Relevant Securities within the meaning of Bye-Law 2.4 of the Company's Bye-Laws up to an aggregate nominal amount of GBP32,366.96 up until the next AGM of the Company. 82,620,905 62.82 48,899,687 37.18 131,520,592 1,013 ---------------------- ------- ----------- ------- ------------ ----------------
(1) The Board notes that although resolution 15, passed, it had a significant number of votes cast against it. The Board will continue its ongoing dialogue with Shareholders and consult as appropriate to fully understand any concerns in relation to this resolution. In accordance with provision 4 of the 2018 UK Corporate Governance Code, the Board shall provide an update on these engagements within six months of the AGM.
(2) As explained in the Company's announcement on 13 November 2023, Peter Hill CBE did not offer himself up for re-election as a Director at the AGM and therefore ceased to be Chair of the Board and the Nomination and Investment Committees immediately following the conclusion of the AGM today. As explained in the Company's announcement on 13 November 2023, Varda Shine has been appointed interim Chair of the Board and Chair of the Nomination and Investment Committees, with effect from the conclusion of the AGM today. Bernard Pryor, Non-Executive Director and Chair of the Health and Safety Committee will become the interim Senior Independent Director. Varda Shine will remain as Chair of the Remuneration Committee.
(3) As explained in the Company's 2023 Annual Report, Johannes Bhatt retired from the Board immediately following the conclusion of the AGM today.
Ends
For further information, please contact:
Petra Diamonds, London Telephone: +44 20 7494 8203
Patrick Pittaway investorrelations@petradiamonds.com
Julia Stone
About Petra Diamonds Limited
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 mines in South Africa (Finsch, Cullinan Mine and Koffiefontein) and one open pit mine in Tanzania (Williamson). The Koffiefontein mine is currently on care and maintenance in preparation of closure.
Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base which supports the potential for long-life operations.
Petra strives to conduct all operations according to the highest ethical standards and only operates in countries which are members of the Kimberley Process. The Group aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities.
Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL'. The Group's loan notes, due in 2026, are listed on the Irish Stock Exchange and admitted to trading on the Global Exchange Market. For more information, visit www.petradiamonds.com .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
RAGUSVRROKUAAAA
(END) Dow Jones Newswires
November 14, 2023 06:06 ET (11:06 GMT)
1 Year Petra Diamonds Chart |
1 Month Petra Diamonds Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions