Petra Diamonds Ltd - Scheme Meeting Results
PR Newswire
Proposed Scheme of Arrangement of Petra Diamonds US$ Treasury Plc
Scheme Meeting Results
Approval of the Scheme of Arrangement at the Scheme Meeting
Further to the announcement issued by the Company on 10 December 2020, a meeting of the holders of the Company s Notes was convened for today (the Scheme Meeting ) to vote on the Scheme proposed by Petra Diamonds US$ Treasury Plc in connection with the Restructuring.
The Company is pleased to announce that the Scheme was approved by the requisite majority of Scheme Creditors at the Scheme Meeting (being a majority in number, representing at least 75 per cent. in value of the Scheme Creditors present and voting).