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Petra Diamonds announces board and senior management changes

Petra DiamondsPetra Diamonds Limited, a diamond mining group, announces board and senior management changes, effective June 30, 2016.

David Abery will step down as Petra's Finance Director in order to pursue other opportunities.

Post his departure, Mr. Abery will continue to be available to the Company on an advisory basis for a period of at least six months, as part of the succession process.

In line with the Company's internal succession planning process, as led by the Nomination Committee, the following senior management changes will also take place.

Jacques Breytenbach will be appointed Chief Financial Officer.

Mr. Breytenbach has held the role of Finance Manager - Operations at the Company since 2006, with responsibility for financial management across the Group's operations.

He joined Petra from Anglo Platinum, where he held various roles, culminating in his position as Finance Manager - Capital Projects, with oversight for Anglo Platinum's extensive capital expansion programmes.

He is a Chartered Accountant and a member of the South African Institute of Chartered Accountants.

Koos Visser will be appointed Chief Operating Officer.

Mr. Visser has held the role of Group Operations Manager at the Company since 2005, with responsibility for the management of all Group operations, including production and the roll-out of the Group's expansion plans (with a focus on plant design and operational efficiency improvements).

Prior to joining Petra, he gained broad industry experience working for Impala Platinum in a number of roles, culminating in his position as Utilities and Technical Services Manager.

He holds a B Degree in Electrical and Electronic Engineering from the University of Potchefstroom in South Africa and is a Registered Engineer GCC.


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