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91.50    -1.10 (-1.18%)
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Spread: 1.00 (1.099%)
Market Cap: £237.86m
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Share Buyback Update

8 Jun 2023 07:00

RNS Number : 0866C
Sylvania Platinum Limited
08 June 2023
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_____________________________________________________________________________________________________________________________

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8 June 2023

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Sylvania Platinum Limited

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

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Share Buyback

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Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces that the Company has, on 7 June 2023, acquired 75,000 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from the market at an average price of 79.81 pence per Ordinary Share, placed into Treasury pending cancellation.

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For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following the purchase of these shares, theΒ Company's issued share capital is 279,000,000 Ordinary Shares. A total ofΒ 12,547,061 Ordinary Shares, including 231,600 pending cancellation, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania isΒ 266,452,939 Ordinary Shares.

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CONTACT DETAILS

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For further information, please contact:

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Jaco Prinsloo CEO

Lewanne Carminati CFO

+27 11 673 1171

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Nominated Adviser and Broker

Liberum Capital Limited

+44 (0) 20 3100 2000

Richard Crawley / Scott Mathieson / Kane Collings

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Communications

BlytheRay

+44 (0) 20 7138 3205

Tim Blythe / Megan Ray / Rachael Brooks

sylvania@BlytheRay.com

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CORPORATE INFORMATION

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Registered and postal address:

Sylvania Platinum Limited

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Clarendon House

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2 Church Street

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Hamilton HM 11

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Bermuda

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SA Operations postal address:

PO Box 976

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Florida Hills, 1716

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South Africa

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Sylvania Website: www.sylvaniaplatinum.com

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About Sylvania Platinum Limited

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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 in the Northern Limb of the Bushveld Complex.

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For more information visit https://www.sylvaniaplatinum.com/

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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.
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END
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POSUPUQCQUPWUAR
Date   Source Headline
2nd Aug 200612:00 pmPRNTransaction in Own Shares
26th Jul 20063:08 pmPRNInterim Results
6th Jun 200611:32 amPRNResult of AGM
10th May 20061:54 pmPRNHolding(s) in Company
4th May 200612:14 pmPRNDirector/PDMR Shareholding
21st Apr 20067:00 amPRNDirector/PDMR Shareholding
6th Apr 200611:43 amPRNHolding(s) in Company
5th Apr 20067:00 amPRNFinal Results
28th Mar 20061:10 pmRNSHolding(s) in Company
9th Feb 200610:03 amRNSHolding(s) in Company
30th Nov 20059:17 amPRNHolding(s) in Company
19th Sep 200512:59 pmPRNTransaction in Own Shares
7th Sep 20057:42 amPRNTransaction in Own Shares
26th Aug 20059:33 amPRNHolding(s) in Company
25th Jul 20056:00 amPRNInterim Results
11th May 20053:27 pmPRNResult of AGM
30th Mar 20056:01 amPRNRe Investment
30th Mar 20056:00 amPRNFinal Results
18th Mar 20059:37 amPRNHolding(s) in Company
11th Feb 20051:01 pmPRNHolding(s) in Company
4th Feb 20057:15 amPRNUpdate re. Investment in Silvermines Media plc
3rd Feb 20054:57 pmPRNHolding(s) in Company
31st Jan 20053:51 pmPRNHolding(s) in Company

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