Karelian Diamond Resources plc

("Karelian Diamonds" or "the Company")

17 July 2019

Director / PDMR Dealing

Karelian Diamonds (AIM:KDR) was informed on 16 July 2019 that, on 15 and 16 July 2019, Professor Richard Conroy, the Chairman of the Company, purchased a total of 750,000 ordinary shares of €0.00025 each ("Ordinary Shares") in the Company at an average price of 3.69 pence per Ordinary Share. Professor Conroy now holds 4,906,311 Ordinary Shares, equivalent to 13.26% of the ordinary share capital of the Company.

For further information please contact:

Karelian Diamond Resources plc

Tel: +353-1-479-6180

Professor Richard Conroy, Chairman

Allenby Capital Limited (Nomad)

Tel: +44-20-3328-5656

Nick Athanas/Nick Harriss

Brandon Hill Capital Limited (Broker)

Tel: +44-20-3463-5000

Jonathan Evans

Lothbury Financial Services

Tel: +44-20-3290-0707

Michael Padley

Hall Communications

Tel: +353-1-660-9377

Don Hall

www.kareliandiamondresources.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and

persons closely associated with them:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Professor Richard Conroy

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial

Initial notification

notification

/Amendment

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or

auction monitor

a)

Name

Karelian Diamond Resources plc

b)

LEI

63540092EZYLYI8LGX48

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each

type of transaction; (iii) each date; and (iv) each place where transactions have been

conducted

a)

Description

of

Ordinary shares of €0.00025

the

financial

instrument,

IE00BD09HK61

type

of

instrument

Identification

code

b)

Nature

of

the

Purchase of Ordinary Shares

transaction

c)

Price(s)

and

Price(s)

Volume(s)

volume(s)

3.50p

250,000

3.70p

250,000

3.86p

250,000

d)

Aggregated

information

[750,000]

- Aggregated

volume

[3.69p]

- Price

e)

Date

of

the

15 July 2019 / 16 July 2019

transaction

f)

Place

of

the

AIM - London Stock Exchange

transaction

Attachments

Disclaimer

Karelian Diamond Resources plc published this content on 17 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 July 2019 17:44:09 UTC