Source - LSE Regulatory
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 / Josh Royston

Faye Calow

sylvania@almapr.co.uk

 

 

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 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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