Source - LSE Regulatory
RNS Number : 0863U
Sylvania Platinum Limited
31 March 2021
 

                                                                                                                                                    

 

 

 

 

                             _____________________________________________________________________________________________________________________________

 

31 March 2021

 

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

 

 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

 

 

Sylvania (AIM: SLP) announces that it was notified on 30 March 2021 of the following transactions by Eileen Carr, Non-Executive Director:

 

·     The sale of 17,500 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 115.5 pence per Ordinary Share;  and

·   the subsequent purchase of 17,500 Ordinary Shares for her Self-Invested Pension Plan ("SIPP) at 115.5 pence per Ordinary Share.

 

Following these two transactions, her shareholding in the Company remains unchanged at 50,000 Ordinary Shares, representing 0.02% of the total number of Ordinary Shares with voting rights.

 

 

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.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Eileen Carr

2

Reason for the notification

 

a)

Position/status

 

Non-Executive Director

b)

Initial notification/ Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Sylvania Platinum Limited

b)

LEI

 

2138005DSKINAZ4OA492

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

 

 

Identification code

 

Ordinary Shares of USD 0.01 each

 

 

 

 

BMG864081044

 

b)

Nature of the transaction

 

Sale of Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

115.5p

17,500

 

 

 

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2021

f)

Place of the transaction

 

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Eileen Carr (SIPP)

2

Reason for the notification

 

a)

Position/status

 

Non-Executive Director

b)

Initial notification/ Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Sylvania Platinum Limited

b)

LEI

 

2138005DSKINAZ4OA492

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

 

 

Identification code

 

Ordinary Shares of USD 0.01 each

 

 

 

 

BMG864081044

b)

Nature of the transaction

 

Purchase of Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

115.5p

17,500

 

 

 

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2021

f)

Place of the transaction

 

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGUGDXUBXDGBB
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Sylvania Platinum Limited (SLP)

-0.63p (-1.06%)
delayed 16:16PM