Petra Diamonds (GB:PDL) has released an update.
Petra Diamonds is set for a leadership shift as Varda Shine steps down as Chair, with José Manuel Vargas slated to take over following the Annual General Meeting. Shine’s tenure has seen Petra navigate financial restructuring and a challenging diamond market, while Vargas brings a wealth of experience from various executive roles. Investors will be watching closely as Petra prepares for a refinancing of its 2L Notes, with hopes of bolstering its market resilience.
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