Petra Diamonds Limited has announced that Bank of America Corporation has acquired voting rights in the company. The notification states that Bank of America Corporation now holds a total of 0.032120% of voting rights in Petra Diamonds, with 0.000103% through direct voting rights and 0.032017% through financial instruments. The total number of voting rights held by Bank of America Corporation is 62,377.
The previous notification from Bank of America Corporation indicated that they held a total of 5.810685% of voting rights in Petra Diamonds, with 5.597463% through direct voting rights and 0.213222% through financial instruments.
The notification does not provide any information regarding the reason for the acquisition or disposal of voting rights by Bank of America Corporation.
The notification also includes information about the financial instruments held by Bank of America Corporation, including a swap with a cash settlement that expires on May 26, 2026, and a total of 62,177 voting rights associated with it.
The ultimate controlling person of Bank of America Corporation is Bank of America Corporation itself. The notification does not provide any additional information about the controlled undertakings or proxy voting.
The completion date of the notification is October 24, 2023, and it was completed at Petra Diamonds.