29 Jun 2011 07:00
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Sylvania Platinum Limited
("Sylvania Platinum" or the "Company")
(ASX: SLP, AIM: SLP)
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Daily Share Buy-Back Notice
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As announced on 20 June 2011, Sylvania Platinum has implemented an on-market share buy-back of up to 10% of the Company's issued capital (Buy-Back). On 28 June 2011, Sylvania Platinum bought back:
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Β·; 400,000 depositary interests (DIs) representing beneficial interests in common shares in Sylvania Platinum (Shares) on AIM at a price of 37.5p each for a total consideration of $229,860.
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The above DIs bought back by Sylvania Platinum (and the Shares represented by these DIs) will be cancelled. Following the cancellation, the Company will have 301,261,805 remaining Shares on issue.
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Since the announcement of the Buy-Back, Sylvania Platinum has bought back a total of 700,000 DIs. Sylvania Platinum intends to purchase up to a total maximum of 30,196,181 Shares under the Buy-Back subject to prevailing market conditions.
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The attached Appendix 3E has today been submitted to the ASX.
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For a copy of the Appendix 3E, please click on the following web link:
http://www.rns-pdf.londonstockexchange.com/rns/3307J_-2011-6-29.pdfΒ
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For further information visit www.sylvaniaplatinum.com or please contact:Β
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In South AfricaTerence McConnachie (CEO) Sylvania Platinum Limited+27 (11) 673 1171 Β Β | In Australia Richard Rossiter (Chairman)Sylvania Platinum Limited +61 (4) 1868 8338 Β Grant Button (Director/Assistant Company Secretary) Sylvania Platinum Limited+61 (8) 9226 4777 |
In United KingdomAnthony Rowland/Ben WrightAmbrian Partners Limited+44 (0) 20 7634 4700 Β Laurence Read/Beth Harris Threadneedle Communications +44 (0) 20 7653 9855 Β Louis Carroll (FD/Assistant Company Secretary)Sylvania Platinum Limited+44 (0) 7969 170 622 |
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