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DIAMONDCORP PLC - South African Share trading arrangement

Release Date: 07/09/2015 10:45
Code(s): DMC     PDF:  
Wrap Text
South African Share trading arrangement

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" or "the Company")

SOUTH AFRICAN SHARE TRADING ARRANGEMENT

DiamondCorp, the Southern African diamond mining, development and exploration
company, is pleased to announce that a trading arrangement has been entered into
between Avior Capital Markets (Pty) Ltd (“Avior”) and Panmure Gordon (UK) Limited
(“Panmure Gordon”) with a view to facilitating the transfer of ordinary shares in the
capital of the Company (“Shares”) from the AIM Market of the London Stock
Exchange to AltX of the Johannesburg Stock Exchange.

The Directors consider that this trading arrangement has the potential to increase
availability of Shares on AltX and therefore reduce the bid/offer spread offered to
investors and reduce trading volatility.

Institutional investors wishing to purchase Shares are advised to contact Jill
Ronquest at Avior Capital Markets on +27 11 589 2881. Retail investors are advised
to have their brokers contact Avior. Subject to certain conditions, Shares will be
offered on a guaranteed T+5 basis.


Contact details:

DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Euan Worthington, Chairman
Tel: +44 7753 862 097

Avior Capital Markets (Pty) Ltd
Peter Koutromanos, Chief Executive
Tel: +27 11 589 2865

Panmure Gordon (UK) Limited
Corporate Broking: Tom Salvesen
Tel: +44 20 7886 2500

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

7 September 2015

Date: 07/09/2015 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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