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Pin to quick picksSylvania Platinum Regulatory News (SLP)

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Market Cap: £214.82m
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Share Purchase

18 Jun 2021 10:03

RNS Number : 3814C
Sylvania Platinum Limited
18 June 2021
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_____________________________________________________________________________________________________________________________

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18 June 2021

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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) announces that the Group has today bought back 55,000 Ordinary Shares of $0.01 each ("Ordinary Shares") in the Company, from an employee. Ordinary Shares were purchased at the 30-day VWAP price of 132.4599 pence per Ordinary Share and placed into Treasury.

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Following the purchase of these shares, the Company's issued share capital is 286,155,657 Ordinary Shares, of which a total of 13,681,792 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 272,473,865.

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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

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Liberum Capital Limited

+44 (0) 20 3100 2000

Richard Crawley / Scott Mathieson / Ed Phillips

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Communications

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Alma PR Limited

+44 (0) 20 3405 0208

Justine James / Harriet Jackson / Faye Calow

sylvania@almapr.co.uk

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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:

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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 and a chrome prospect in the Northern Limb of the Bushveld Complex.

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

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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.

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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POSDKFBKCBKKKAD
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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