Share Buyback Update

RNS Number : 5855G

Sylvania Platinum Limited

18 March 2020

 

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Sylvania Platinum Limited

 ("Sylvania" or "the Company")

 AIM (SLP)

Share Buyback Update

18 March 2020

With reference to the proposed buyback of 4,875,000 ordinary shares of USD0.01 ("Ordinary Shares") in the market, announced in the Company's interim financial results on 17 February 2020, the Company announces that, on 17 March 2020, it acquired 549,669 Ordinary Shares, representing approximately 0.19% of the Company's issued share capital, at 40.47p per Ordinary Share completing the buy back.

Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 11,985,483 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 277,739,289 Ordinary Shares.

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.

CORPORATE INFORMATION

Registered and postal address:	Sylvania Platinum Limited
	Clarendon House
	2 Church Street
	Hamilton HM 11;98
	Bermud7a
SA Operations postal address:	PO Box 976
	Florida Hills, 1716
	South Africa

Sylvania Website : www.sylvaniaplatinum.com

CONTACT DETAILS

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

 

END

 

 

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