Share Buyback

RNS Number : 3016A

Sylvania Platinum Limited

01 June 2021

 

  1 June 2021

Sylvania Platinum Limited

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

Share Buyback

 

Sylvania (AIM: SLP) announces that the Group has today bought back 41,250 Ordinary Shares of $0.01 each ("Ordinary Shares") in the Company, from an employee.  Ordinary Shares were purchased at the 30-day VWAP price of 129.764 pence per Ordinary Share and placed into Treasury.

Following the purchase of these shares, the Company's issued share capital is 286,155,657 Ordinary Shares, of which a total of 13,626,792 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights is 272,528,865.

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 / Harriet Jackson / 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

 

 

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