Sylvania Platinum Limited Share Buyback Update (2095E)
June 28 2023 - 1:00AM
UK Regulatory
TIDMSLP
RNS Number : 2095E
Sylvania Platinum Limited
28 June 2023
_____________________________________________________________________________________________________________________________
28 June 2023
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Share Buyback
Sylvania (AIM: SLP), the platinum group metals ("PGM") producer
and developer with assets in South Africa, announces that the
Company has, on 27 June 2023, acquired 168,210 Ordinary Shares of
$0.01 each in the Company ("Ordinary Shares") from the market at a
price of 79.00 pence per Ordinary Share, placed into Treasury
pending cancellation.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules, t he Company's issued share capital is
279,000,000 Ordinary Shares. Following the above purchase, a total
of 14,266,674 Ordinary Shares, including 1,951,213 pending
cancellation, are held in Treasury. Therefore, the total number of
Ordinary Shares with voting rights in Sylvania is 264,733,326
Ordinary Shares.
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
BlytheRay +44 (0) 20 7138 3205
Tim Blythe / Megan Ray / Rachael sylvania@BlytheRay.com
Brooks
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 in the Northern
Limb of the Bushveld Complex.
For more information visit https://www.sylvaniaplatinum.com/
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END
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