Share Buyback

RNS Number : 3547Q
Sylvania Platinum Limited
27 October 2021
 

  27 October 2021

 

 

Sylvania Platinum Limited

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

 

 

Share Buyback

 

 

Sylvania (AIM: SLP) announces that, further to the announcement on 30 September 2021, the Group has today bought back a further 82,500 Ordinary Shares of $0.01 each ("Ordinary Shares") in the Company, from employees.  The Ordinary Shares have been repurchased by the Company at the 30-day VWAP of 91.7 pence, calculated at the close of business on 29 September 2021, so as to align the repurchase with those announced on 30 September 2021. All Ordinary Shares purchased by the Company have been placed in Treasury.

 

Following the above transaction, the Company's issued share capital amounts to 286,155,657 Ordinary Shares of which a total of 13,170,222 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 272,985,435 Ordinary Shares.

 

CONTACT DETAILS

 

For further information, please contact:

 

Jaco Prinsloo CEO

Lewanne Carminati CFO

+27 11 673 1171

 

 

Nominated Adviser and Broker

 

Liberum Capital Limited

+44 (0) 20 3100 2000

Richard Crawley / Scott Mathieson / Ed Phillips

 

 

 

Communications

 

Alma PR Limited

+44 (0) 20 3405 0208

Justine James / Harriet Jackson / Faye Calow

sylvania@almapr.co.uk

 

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

 

 

This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

 

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 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSUNRARAOURUUA
UK 100