Share Buyback

Sylvania Platinum Limited

12 May 2023

 

                                                                                                                                     

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12 May 2023

Sylvania Platinum Limited

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

Share Buyback

 

Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces that the Company has, on 11 May 2023, acquired 116,250 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from employees. The Ordinary Shares were purchased at the 30-day VWAP price of 90.4148 pence per Ordinary Share and placed into Treasury.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following the purchase of these shares, the Company's issued share capital is 279,000,000 Ordinary Shares. A total of 12,315,461 Ordinary Shares, including an amendment for one additional Ordinary Share correcting for a rounding error in a previous share buyback, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 266,684,539 Ordinary Shares.

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 / Kane Collings
Communications
BlytheRay	[phone]
Tim Blythe / Megan Ray / Rachael Brooks	[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 in the Northern Limb of the Bushveld Complex.

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

 

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