Share Purchase

RNS Number : 1206T

Sylvania Platinum Limited

29 June 2018

 

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Sylvania Platinum Limited

 ("Sylvania", or "the Company")

 AIM (SLP)

Share Purchase

29 June 2018

On 27 June 2018 employees exercised 280,000 Ordinary Shares of US$0.01 each.  The Board of Directors simultaneously agreed to buy back the Ordinary Shares from the recipients at the 30-day VWAP price of 17.49 pence per Ordinary Share.  The shares will be placed back into treasury.

Following this transaction, the Company's issued share capital will be 291,133,661 Ordinary Shares, of which a total of 4,835,831 Ordinary Shares are held in treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,297,830 Ordinary Shares.

CORPORATE INFORMATION

Registered office:	Sylvania Platinum Limited
	Clarendon House
	2 Church Street
	Hamilton HM 11
	Bermuda
Postal address:	PO Box 976
	Florida Hills, 1716
	South Africa

Sylvania Website: www.sylvaniaplatinum.com

CONTACT DETAILS

For further information, please contact:
Terence McConnachie (Chief Executive Officer)	[phone]
Nominated Advisor and Broker
Liberum Capital Limited	[phone]
Richard Crawley / Neil Elliot
Communications
Alma PR Limited	[phone]
Josh Royston / Helena Bogle / Hilary Buchanan

 

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