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Petra Diamonds Ltd - Notice of Scheme Conditions Effective Date
PR Newswire
Scheme of Arrangement of Petra Diamonds US$ Treasury Plc
Notice of Scheme Conditions Effective Date
Further to the Company s previous announcements in relation to the Restructuring, the Company is pleased to announce that the Scheme Conditions Effective Date has occurred.
Accordingly, implementation of the Restructuring has commenced and it is expected that the Restructuring Effective Date will occur on Wednesday 10 March 2021.
Capitalised terms used but not defined in this announcement have the meaning given to them in the explanatory statement dispatched to Scheme Creditors on 10 December 2020.
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Petra Diamonds, London Telephone: +44 20 7494 8203