Further to the announcement made on 15 December 2021 Petra has announced it has entered into definitive transaction documents which give effect to the sale by Petra of 50% less one share of the entity which holds Petra's 63% shareholding in Williamson Diamonds Limited (WDL) and a prorated portion of shareholder loans owed by WDL for a total consideration of US$15m. The counterparty is the long-term technical services contractor – Taifa (formerly Caspian Ltd) – who has nominated “Pink Diamonds” a ....

31 May 2023
Williamson Ownership Agreement Confirmed*

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Williamson Ownership Agreement Confirmed*
Petra Diamonds Limited (PDL:LON) | 25.1 0 (-0.4%) | Mkt Cap: 48.7m
- Published:
31 May 2023 -
Author:
David Butler -
Pages:
4 -
Further to the announcement made on 15 December 2021 Petra has announced it has entered into definitive transaction documents which give effect to the sale by Petra of 50% less one share of the entity which holds Petra's 63% shareholding in Williamson Diamonds Limited (WDL) and a prorated portion of shareholder loans owed by WDL for a total consideration of US$15m. The counterparty is the long-term technical services contractor – Taifa (formerly Caspian Ltd) – who has nominated “Pink Diamonds” a ....