Company Announcements

Petra Diamonds Ltd - Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

BMG702782084

Issuer Name

PETRA DIAMONDS LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

08-Mar-2023

6. Date on which Issuer notified

09-Mar-2023

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


       .        % of voting     % of voting     Total of both in Total number of
                rights attached rights through  % (8.A + 8.B)    voting rights
                to shares       financial                        held in issuer
                (total of 8.A)  instruments
                                (total of 8.B 1
                                + 8.B 2)

Resulting       0.000103        10.584739       10.584842        20555951
situation on
the date on
which threshold
was crossed or
reached

Position of     4.698538        1.168174        5.866712
previous
notification
(if applicable)



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

8A. Voting rights attached to shares


Class/Type of    Number of direct Number of         % of direct   % of indirect
shares ISIN code voting rights    indirect voting   voting rights voting rights
(if possible)    (DTR5.1)         rights (DTR5.2.1) (DTR5.1)      (DTR5.2.1)

BMG702782084                      200                             0.000103

Sub Total 8.A    200                                0.000103%



8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))


Type of        Expiration Exercise/conversion Number of voting    % of voting
financial      date       period              rights that may be  rights
instrument                                    acquired if the
                                              instrument is
                                              exercised/converted

Right to       N/A        N/A                 20328952            10.467953
Recall

Sub Total 8.B1                                20328952            10.467953%



8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))


Type of    Expiration Exercise/conversion Physical or Number of     % of voting
financial  date       period              cash        voting rights rights
instrument                                settlement

Swaps      31/07/2024 N/A                 Cash        112242        0.057797

Swaps      29/02/2024 N/A                 Cash        12844         0.006614

Swaps      28/04/2023 N/A                 Cash        101713        0.052375

Sub Total                                             226799        0.116786%
8.B2



9. Information in relation to the person subject to the notification obligation

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


Ultimate        Name of         % of voting     % of voting     Total of both if
controlling     controlled      rights if it    rights through  it equals or is
person          undertaking     equals or is    financial       higher than the
                                higher than the instruments if  notifiable
                                notifiable      it equals or is threshold
                                threshold       higher than the
                                                notifiable
                                                threshold

Bank of America Bank of America
Corporation     National
                Association

Bank of America Merrill Lynch                   10.555840       10.555840%
Corporation     International

Bank of America BofA
Corporation     Securities, Inc



10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

09-Mar-2023

13. Place Of Completion

United Kingdom