Petra announces that Matthew Glowasky has informed the Board that he will stand down as a Non-Executive Director of the Company, with immediate effect. Mr. Glowasky was appointed as a non-independent, Non-Executive Director of the Company on 10 March 2021, pursuant to a Nomination Agreement between the Company and Monarch Master Funding 2 (Luxembourg) S.a r.l. (“Monarch”) and following the successful completion of the recapitalisation of the Petra Group.