Company Announcements

Petra Diamonds Ltd - Holding(s) in Company

TR-1: S tandard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the               Petra Diamonds Limited
underlying issuer of existing shares to
which voting rights are attachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X”
if appropriate)

Non-UK issuer                                                                 X

2. Reason for the notification (please mark the appropriate box or boxes with
an “X”)

An acquisition or disposal of voting rights                                   X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name                                    Monarch Master Funding 2 (Luxembourg)
                                        S.a r.l.

City and country of registered office   Luxembourg, Grand Duchy of Luxembourg
(if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name                                    N/A

City and country of registered office   N/A
(if applicable)

5. Date on which the threshold was      5 May 2022
crossed or reachedvi:

6. Date on which issuer notified        09/05/2022
(DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation

                    % of voting rights % of voting rights Total of both in % Tot
                    attached to shares through financial     (8.A + 8.B)     al
                     (total of 8. A)      instruments                        num
                                       (total of 8.B 1 +                     ber
                                             8.B 2)                          of
                                                                             vot
                                                                             ing
                                                                             rig
                                                                             hts
                                                                             hel
                                                                             d
                                                                             in
                                                                             iss
                                                                             uer
                                                                             vii

Resulting situation 9.98%              N/A                9.98%              19,
on the date on                                                               375
which threshold was                                                          ,08
crossed or reached                                                           8

Position of         10.78%             N/A                10.78%
previous
notification (if
applicable)



   


8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type  Number of voting        % of voting rights
of          rightsix
shares
ISIN code     Direct     Indirect               Direct               Indirect
(if          (DTR5.1)   (DTR5.2.1)             (DTR5.1)             (DTR5.2.1)
possible)

BMG702781417N/A         19,375,088  N/A                             9.98%

SUBTOTAL 8.       19,375,088                           9.98%
A

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of     Expiration Exercise/   Number of voting rights that may % of voting
financial   datex      Conversion  be acquired if the instrument is rights
instrument             Periodxi
                                   exercised/converted.

N/A         N/A        N/A         N/A                              N/A

                       SUBTOTAL 8.
                       B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
(1) (b)

Type of    Expiration  Exercise/  Physical or cash Number of voting % of voting
financial  datex       Conversion                  rights           rights
instrument             Period xi  settlementxii

N/A        N/A         N/A        N/A              N/A              N/A

                                  SUBTOTAL 8.B.2





   


9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an “X”)

Person subject to the notification obligation is not controlled by any natural
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or   X
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional rows as
necessary)

         Namexv           % of voting rights if it % of voting rights through Tot
                          equals or is higher than  financial instruments if  al
                          the notifiable threshold   it equals or is higher   of
                                                      than the notifiable     bot
                                                           threshold          h
                                                                              if
                                                                              it
                                                                              equ
                                                                              als
                                                                              or
                                                                              is
                                                                              hig
                                                                              her
                                                                              tha
                                                                              n
                                                                              the
                                                                              not
                                                                              ifi
                                                                              abl
                                                                              e
                                                                              thr
                                                                              esh
                                                                              old

Walkers Fiduciary Limited 9.98%                                               9.9
                                                                              8%

Monarch Master Funding    9.98%                                               9.9
Ltd                                                                           8%

Monarch Master Funding 1  9.98%                                               9.9
(Luxembourg) S.a r.l.                                                         8%

Monarch Master Funding 2  9.98%                                               9.9
(Luxembourg) S.a.r.l.                                                         8%

10. In case of proxy voting, please identify:

Name of the proxy holder                           N/A

The number and % of voting rights held             N/A

The date until which the voting rights will be     N/A
held

11. Additional informationxvi

N/A



   


Place of completion New York, NY, United States

Date of completion  May 9, 2022