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Petra Diamonds Ltd - Settlement of human rights claims at Williamson


Petra Diamonds Ltd - Settlement of human rights claims at Williamson
PR Newswire
Settlement of human rights claims at Williamson Diamond Mine, Tanzania
Petra Diamonds Limited today confirms that a settlement has been reached, on a no admission of liability basis, in relation to claims brought in London ( the Claims ) by Leigh Day, a UK based law firm, on behalf of 71 anonymous claimants, in relation to alleged breaches of human rights, associated with third-party security operations, at the Williamson Mine ( the Mine ) in Tanzania. The Mine is operated by Williamson Diamonds Limited ( WDL ), which is 25% owned by the Government of Tanzania and 75% owned by Petra. ....

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Petra Diamonds Ltd - Recovery of High Quality 39.34 carat Blue Diamond


Petra Diamonds Ltd - Recovery of High Quality 39.34 carat Blue Diamond
PR Newswire
Recovery of High Quality 39.34 carat Blue Diamond at the Cullinan Mine
Petra Diamonds Limited is pleased to announce that it has recovered a 39.34 carat Type IIb blue diamond of exceptional quality in terms of both its colour and clarity at the Cullinan mine in South Africa.
The Company anticipates that the diamond will be sold via a special tender.
Photos of the blue diamond can be viewed at www.petradiamonds.com/media/image-library/diamonds and further information on the heritage of the Cullinan mine and its diamonds can be found at https://www.petradiamonds.com/about-us/our-heritage/ ....

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Petra Diamonds Ltd - Directorate Change


Petra Diamonds Ltd - Directorate Change
PR Newswire
Directorate Change
Further to the announcement made by the Company earlier today and pursuant to paragraph 9.6.12 of the Listing Rules, the Company announces that the appointment to the Board as a Non-Executive Director of Mr. Matthew Glowasky, whose prospective appointment was initially announced on 22 December 2020, became effective today immediately upon Admission.
Capitalised terms used but not defined in this announcement have the meaning given to them in the combined prospectus and circular published by the Company on 22 December 2020, which is available on the Company s website (www.petradiamonds.com/investors/2020-financial-restructuring/).
~ Ends ~
Petra Diamonds, London Telephone: +44 20 7494 8203 ....

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Petra Diamonds Ltd - Completion of the Restructuring


Petra Diamonds Ltd - Completion of the Restructuring
PR Newswire
Completion of the Restructuring
Introduction
The Company is delighted to announce that it has today completed the implementation of the recapitalisation of the Group (the
Restructuring ) initially announced on 20 October 2020.
The key features of the Restructuring are as follows:
partial reinstatement of the Notes debt and the contribution by holders of the existing Notes of US$30.0 million in New Money, each taking the form of new senior secured second lien notes (the
New Notes ). The New Notes amount to approximately US$337.0 million (including the New Money and fees paid as part of the transaction in New Notes); ....

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