Corporate Governance

Petra Diamonds Limited is incorporated in Bermuda. There is no formal corporate governance code in Bermuda but as the Company is listed on the premium segment of the Official List, it is required to comply with the principles of the UK Corporate Governance Code (“the Code”) or otherwise explain why it has not complied in its annual report and accounts. Although the Company does not at the present time comply with all of the Code requirements, the Directors are committed to making the appropriate changes to meet the Code’s requirements wherever possible and appropriate for Petra.

Petra is committed to maintaining the highest standards of business conduct and ethics, as well as compliance with all applicable laws, rules and regulations, corporate reporting and disclosure, and all other matters deemed to protect the best interests of the Company’s shareholders.

Download the Group's 2011 Corporate Governance Statement for further information on Petra’s commitment to this area.