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Significant Shareholding

18 Aug 2008 14:39

RNS Number : 5473B
Petra Diamonds Ld
18 August 2008
 



18 August 2008

AIM: PDL

Petra Diamonds Limited 

("the Company")

Significant Shareholding

The Company was today notified that following recent purchases Saad Investments Company Limited now

holds 61,540,392 ordinary shares in the Company representing approximately 33.45% of the Company's

ordinary issued share capital.

Petra Diamonds Limited is a Bermuda registered company and as such is not subject to the Takeover Code and

accordingly there is no obligation for a mandatory offer under Rule of the Takeover Code by any shareholder increasing

their holding above 30% of the Company's issued share capital.

For further information, please contact:

Cathy Malins

Telephone: +44 (0) 20 7318 0452

Petra Diamonds, London

cathym@petradiamonds.com 

Adrian Hadden 

Telephone: +44 (0) 20 7523 8000

Collins Stewart, London

or visit Petra Diamonds at www.petradiamonds.com

Ends ~

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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