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Share Purchase

29 Jun 2018 15:00

RNS Number : 1206T
Sylvania Platinum Limited
29 June 2018
 

 

 

 

 

 

 

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Sylvania Platinum Limited

 ("Sylvania", or "the Company")

 AIM (SLP)

 

Share Purchase

 

 

29 June 2018

 

On 27 June 2018 employees exercised 280,000 Ordinary Shares of US$0.01 each. The Board of Directors simultaneously agreed to buy back the Ordinary Shares from the recipients at the 30-day VWAP price of 17.49 pence per Ordinary Share. The shares will be placed back into treasury.

 

Following this transaction, the Company's issued share capital will be 291,133,661 Ordinary Shares, of which a total of 4,835,831 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,297,830 Ordinary Shares.

 

 

CORPORATE INFORMATION

 

Registered office:

Sylvania Platinum Limited

Clarendon House

2 Church Street

Hamilton HM 11

Bermuda

Postal address:

PO Box 976

Florida Hills, 1716

South Africa

Sylvania Website: www.sylvaniaplatinum.com

 

CONTACT DETAILS

 

For further information, please contact:

Terence McConnachie (Chief Executive Officer)

+44 777 533 7175

Nominated Advisor and Broker

Liberum Capital Limited

+44 (0) 20 3100 2000

Richard Crawley / Neil Elliot

Communications

Alma PR Limited

+44 (0) 77 8090 1979

Josh Royston / Helena Bogle / Hilary Buchanan

 

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.
 
END
 
 
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