Daily Share Buy Back Notice

RNS Number : 4301J

Sylvania Platinum Limited

30 June 2011

 



Sylvania Platinum Limited

("Sylvania Platinum" or the "Company")

(ASX: SLP, AIM: SLP)

Daily Share Buy-Back Notice

As announced on 20 June 2011, Sylvania Platinum has implemented an on-market share buy-back of up to 10% of the Company's issued capital (Buy-Back).  On 29 June 2011, Sylvania Platinum bought back:

·      10,000 fully paid common shares in Sylvania Platinum (Shares) on ASX at a price of $0.55 each for a total consideration of $5,500.

The above Shares bought back by Sylvania Platinum will be cancelled.  Following the cancellation, the Company will have 301,251,805 remaining Shares on issue.

Since the announcement of the Buy-Back, Sylvania Platinum has bought back a total of 10,000 Shares and 700,000 depositary interests (DIs) representing beneficial interests in Shares on AIM.  Sylvania Platinum intends to purchase up to a maximum of 30,196,181 Shares subject to prevailing market conditions.

The attached Appendix 3E has today been submitted to the ASX.  For a copy of the Appendix 3E, please click on the following web link:

http://www.rns-pdf.londonstockexchange.com/rns/4301J_-2011-6-30.pdf 

For further information visit www.sylvaniaplatinum.com or please contact: 

In South Africa Terence McConnachie (CEO) Sylvania Platinum Limited [phone]	In Australia Richard Rossiter (Chairman) Sylvania Platinum Limited [phone] Grant Button (Director/Assistant Company Secretary) Sylvania Platinum Limited [phone]
In United Kingdom Anthony Rowland/Ben Wright Ambrian Partners Limited [phone] Laurence Read/Beth Harris Threadneedle Communications [phone] Louis Carroll (FD/Assistant Company Secretary) Sylvania Platinum Limited [phone]

 

END

 

 

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