Sylvania Platinum Limited Share Purchase (7782T)
March 29 2021 - 2:37AM
UK Regulatory
TIDMSLP
RNS Number : 7782T
Sylvania Platinum Limited
29 March 2021
_____________________________________________________________________________________________________________________________
29 March 2021
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Share Buyback
Sylvania (AIM: SLP) announces that the Group has today bought
back 38,500 Ordinary Shares of $0.01 each ("Ordinary Shares") in
the Company, from an employee. Ordinary Shares were purchased at
the 30-day VWAP price of 120.78 pence per Ordinary Share and placed
into Treasury.
Following the purchase of these shares, the Company's issued
share capital is 286,155,657 Ordinary Shares, of which a total of
13,585,542 Ordinary Shares are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights is
272,570,115.
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 / Helena Bogle / sylvania@almapr.co.uk
Josh Royston
Faye Calow
CORPORATE INFORMATION
Registered and postal Sylvania Platinum Limited
address:
Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
SA Operations postal PO Box 976
address:
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 and a chrome
prospect in the Northern Limb of the Bushveld Complex.
For more information visit https://www.sylvaniaplatinum.com/
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse regulation (EU) no.596/2014 as amended by the
Market Abuse (Amendment) (EU Exit) Regulations 2019.
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.
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END
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