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Daily Share Buy Back Notice

28 Jun 2011 07:00

RNS Number : 2217J
Sylvania Platinum Limited
28 June 2011
 



Sylvania Platinum Limited

("Sylvania Platinum" or the "Company")

(ASX: SLP, AIM: SLP)

 

Daily Share Buy-Back Notice

 

 

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 27 June 2011, Sylvania Platinum bought back:

 

·; 100,000 depositary interests (DIs) representing beneficial interests in common shares in Sylvania Platinum (Shares) on AIM at a price of 36p each for a total consideration of $54,706.

 

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 301,661,805 remaining Shares on issue.

 

Since the announcement of the Buy-Back, Sylvania Platinum has bought back a total of 300,000 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.

 

The attached Appendix 3E has today been submitted to the ASX.

 

For a copy of the Appendix 3E, please click on the following web link:

 

http://www.rns-pdf.londonstockexchange.com/rns/2217J_-2011-6-28.pdf 

 

For further information visit www.sylvaniaplatinum.com or please contact: 

 

In South AfricaTerence McConnachie (CEO)

Sylvania Platinum Limited+27 (11) 673 1171

 

 

In Australia

Richard Rossiter (Chairman)Sylvania Platinum Limited

+61 (4) 1868 8338

 

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

 

Laurence Read/Beth Harris

Threadneedle Communications

+44 (0) 20 7653 9855

 

Louis Carroll (FD/Assistant Company Secretary)Sylvania Platinum Limited+44 (0) 7969 170 622

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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