Petra Diamonds Ltd - Notification of Q1 FY2025 operating update and final sales results for Tenders 1 and 2 FY 2025

15 October 2024

LSE: PDL

Petra Diamonds Limited

Notification of Q1 FY2025 operating update and final sales results for Tenders 1 and 2 FY 2025

Petra will announce its Q1 2025 Operating Update for the three months ended 30 September 2024 along with final sales results for Tenders 1-2 FY 2025 on 22 October 2024.

Petra's CEO Richard Duffy and CFO Johan Snyman will host a conference call with investors and analysts at 9:30am BST on the day. Access details will be available on the Company's website at https://www.petradiamonds.com/investors/financial-calendar/ as well as in the announcement.

Petra's management will also host a webcast, open to all investors, via the Investor Meet Company platform on the same day at 14.30pm BST. Questions can be submitted ahead of the event via the Investor Meet Company dashboard until 9.00am the day before the meeting or at any time during the call. 

Investors who follow Petra on the Investor Meet Company platform will automatically be invited to the event. Others who wish to, can sign up to Investor Meet Company free and register to attend the call via this link: https://www.investormeetcompany.com/petra-diamonds-limited/register-investor.

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For further information, please contact:

Petra Diamonds, London 

Patrick Pittaway

Kelsey Traynor

Telephone: +44 (0)784 192 0021

[email protected]

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company's portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson). The Koffiefontein mine is currently on care and maintenance and in the process of being sold, with such sale expected to complete before the end of October 2024.

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 will only operate in countries which are members of the Kimberley Process. The Company 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 Company'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.