DIAMONDCORP PLC - Lace Mine Update

Lace Mine Update

DiamondCorp plc

AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)

(“DiamondCorp”, “the Group” or “the Company”)

LACE UPDATE

Further to the announcement of 14 November 2016, DiamondCorp announces that the board
of the Company’s operating subsidiary, Lace Diamond Mines (Pty) Ltd (“LDM”), has placed
LDM into business rescue in accordance with the provisions of section 129 of the Companies
Act, 71 of 2008 and a board resolution of LDM to this effect has been filed with the
Companies and Intellectual Property Commission. LDM will appoint a business rescue
practitioner in due course.

Contact details:

DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Chris Ellis, Interim Non-Executive Chairman
Tel: +44 (0) 20 3151 0970

UK Broker & Nomad
Panmure Gordon (UK) Limited
Adam James/ Atholl Tweedie
Tel: +44 20 7886 2500

JSE Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
Megan Young
Tel: +27 11 445 8068

SA Corporate Advisor
Qinisele Resources Proprietary Limited
Dennis Tucker/Andrew Brady
Tel: +27 11 883 6358


This announcement contains inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No 596/2014 (“MAR”).

United Kingdom
16 November 2016

Date: 16/11/2016 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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