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Pin to quick picksSylvania Platinum Regulatory News (SLP)

Share Price Information for Sylvania Platinum (SLP)

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Share Buyback Update

1 Jun 2022 07:00

RNS Number : 5327N
Sylvania Platinum Limited
01 June 2022
 

 

 

 

 

_________________________________________________________________________________________________________________________

 

1 June 2022

 

 

Sylvania Platinum Limited

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

 

 

Share Buyback Update

 

 

With reference to the proposed share buyback announced on 9 May 2022, the Company announces that on 31 May 2022 it acquired 33,791 Ordinary Shares, representing approximately 0.01% of the Company's issued share capital, at an average price of 89.80p per Ordinary Share.

 

Following the above transaction, the Company's issued share capital is 286,155,657 Ordinary Shares, of which a total of 16,005,347 Ordinary Shares are held in Treasury, including 2,571,401 Ordinary Shares pending cancellation. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 270,150,310 Ordinary Shares.

 

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.

 

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 / Kane Collings

Communications

Alma PR Limited

+44 (0) 20 3405 0205

Justine James / Josh Royston / Matthew Young

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/

 

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
 
 
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Date   Source Headline
28th Mar 20247:00 amRNSShare Buyback Update
27th Mar 20247:00 amRNSShare Buyback
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27th Nov 20237:00 amRNSResult of AGM
17th Nov 20237:00 amRNSExercise of vested bonus shares
13th Nov 20237:00 amRNSNotice of Transaction by PDMR
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