Last checked at 8 Nov 2019 07:00
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8 November 2019
Sylvania Platinum Limited
("Sylvania", "the Company")
AIM (SLP)
Issue of Shares
Sylvania Platinum Limited today announces that it has issued a total of 275,000 ordinary shares of USD0.01 each ("Ordinary Shares") out of shares held in Treasury, to the four Directors of the Company.
All four of the awards are to persons discharging managerial responsibilities ("PDMR") as defined in the Market Abuse Regulations ("MAR") and were awarded as follows:
PDMR | Shares held before event | Total Shares awarded | Total shares held after event | % of share capital (Shares with voting rights) |
TM McConnachie | 5,015,000 | 200,000 | 5,215,000 | 1.85% |
SA Murray | 1,000,000 | 25,000 | 1,025,000 | 0.36% |
RA Williams | 1,067,000 | 25,000 | 1,092,000 | 0.39% |
E Carr | 0 | 25,000 | 25,000 | 0.01% |
Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 7,110,483 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 282,614,289 Ordinary Shares.
This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the MAR (EU) 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
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 Terence McConnachie.
CORPORATE INFORMATION
Registered office: | Sylvania Platinum Limited |
| Clarendon House |
| 2 Church Street |
| Hamilton HM 11 |
| Bermuda |
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Postal address: | PO Box 976 |
| Florida Hills, 1716 |
| South Africa |
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Sylvania Website: www.sylvaniaplatinum.com
CONTACT DETAILS
For further information, please contact: |
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Terence McConnachie (Chief Executive Officer) | +27 82 553 4256 |
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Nominated Adviser and Broker |
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Liberum Capital Limited | +44 (0) 20 3100 2000 |
Richard Crawley / Ed Phillips |
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Communications |
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Alma PR Limited | +44 (0) 203 405 0205 |
Josh Royston / Helena Bogle |
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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
| Terrence Michael McConnachie | ||||
2 | Reason for the notification
| |||||
a) | Position/status
| Chief Executive Officer | ||||
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
| Issue of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
| ||||
e) | Date of the transaction
| 05 November 2019 | ||||
f) | Place of the transaction
| Off Market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name
| Stuart Angus Murray | ||||
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
| Issue of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
| ||||
e) | Date of the transaction
| 05 November 2019 | ||||
f) | Place of the transaction
| Off Market | ||||
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
| Roger Alyn Williams | ||||
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
| Issue of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
| ||||
e) | Date of the transaction
| 05 November 2019 | ||||
f) | Place of the transaction
| Off Market | ||||
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
| Issue of Shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
| ||||
e) | Date of the transaction
| 05 November 2019 | ||||
f) | Place of the transaction
| Off Market | ||||