Share Buyback Update

Sylvania Platinum Limited
28 June 2023
 

Description: C:\Users\Ian\Desktop\SYLVANIA PLATINUM\Sylvania Platinum logo.jpg     

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28 June 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 27 June 2023, acquired 168,210 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from the market at a price of 79.00 pence per Ordinary Share, placed into Treasury pending cancellation.

 

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital is 279,000,000 Ordinary Shares. Following the above purchase, a total of 14,266,674 Ordinary Shares, including 1,951,213 pending cancellation, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 264,733,326 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 / Kane Collings


 

Communications


BlytheRay

+44 (0) 20 7138 3205

Tim Blythe / Megan Ray / Rachael Brooks

sylvania@BlytheRay.com

 

 

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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