Last checked at 24 Dec 2018 07:00
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Sylvania Platinum Limited
("Sylvania", "the Company")
AIM (SLP)
Share Purchase
24 December 2018
The Company hereby announces that, on 21 December 2018, the Board agreed to buy back 516,632 ordinary shares of USD0.01 each in the Company ("Ordinary Shares") held by a person discharging managerial responsibilities ("PDMR") as defined in the Market Abuse Regulations. The Ordinary Shares were purchased at 16.00 pence per Ordinary Share and will be cancelled immediately.
PDMR | Bonus shares being exercised | Option Plan shares being exercised | Shares sold | Shares retained | Total shares held after event | % of share capital (Shares with voting rights) | ||
Price per share | Sales for tax and dealing costs | Other share sales | ||||||
A Jordaan | - | - | 16.00 | - | 516,632 | - | - | - |
Following this transaction, the Company's issued share capital will be 289,724,772 Ordinary Shares, of which a total of 4,206,885 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 285,517,887 Ordinary Shares.
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) | +44 777 533 7175 |
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Nominated Advisor and Broker |
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Liberum Capital Limited | +44 (0) 20 3100 2000 |
Richard Crawley / Chris Britton |
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Communications |
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Alma PR Limited | +44 (0) 77 8090 1979 |
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
| A Jordaan | ||||
2 | Reason for the notification
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a) | Position/status
| Executive Officer: New Business | ||||
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
| Sale of shares | ||||
c) | Price(s) and volume(s)
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d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
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e) | Date of the transaction
| 21 December 2018 | ||||
f) | Place of the transaction
| Off Market | ||||