Cancellation of Treasury Shares

RNS Number : 8616P

Sylvania Platinum Limited

22 February 2021

 

  _____________________________________________________________________________________________________________________________

22 February 2021

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

Cancellation of Treasury Shares

 

Sylvania (AIM: SLP) announces that the Group has today cancelled 690,000 Ordinary Shares of $0.01 each ("Ordinary Shares"), currently held in Treasury.

Following the cancellation of these shares, the Company's issued share capital is 286,155,657 Ordinary Shares, of which a total of 13,547,042 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights is 272,608,615. This figure of 272,608,615 can be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

CONTACT DETAILS

For further information, please contact:
Jaco Prinsloo CEO Lewanne Carminati CFO	[phone]
Nominated Adviser and Broker
Liberum Capital Limited	[phone]
Richard Crawley / Scott Mathieson / Ed Phillips
Communications
Alma PR Limited	[phone]
Justine James / Helena Bogle / Josh Royston Faye Calow	[e-mail]

CORPORATE INFORMATION

Registered and postal address:	Sylvania Platinum Limited
	Clarendon House
	2 Church Street
	Hamilton HM 11
	Bermuda
SA Operations postal address:	PO Box 976
	Florida Hills, 1716
	South Africa

Sylvania Website : www.sylvaniaplatinum.com

About Sylvania Platinum Limited

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.

For more information visit https://www.sylvaniaplatinum.com/  

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse regulation (EU) no.596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Jaco Prinsloo.

 

END

 

 

POSPPUGUPUPGUMP