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RNS Number : 2249T

Sylvania Platinum Limited

13 November 2023 _____________________________________________________________________________________________________________________________

13 November 2023

Sylvania Platinum Limited

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

Notification of transaction by persons discharging managerial responsibilities and persons closely associated

Sylvania (AIM: SLP) the platinum group metals ("PGM") producer and developer, with assets in South Africa, announces that it was notified on 10 November 2023 of the following transaction by Adrian Reynolds, Non-Executive Director:

-- The purchase of 10,000 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 66.07 pence per Ordinary Share on 10 November 2023.

Following this transaction, his shareholding in the Company totals 50,000 Ordinary Shares, representing 0.02% of the total number of Ordinary Shares with voting rights.

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               sylvania@BlytheRay.com

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. Additionally, the Thaba JV comprises chrome beneficiation and PGM processing plants, treating a combination of ROM and historical chrome tailings from the JV partner, adding a full margin chromite concentrate revenue stream. 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/

 
      Details of the person discharging managerial responsibilities/person 
  1    closely associated 
 a)   Name                               Adrian Reynolds 
     ---------------------------------  ------------------------------------ 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------- 
 a)   Position/status                    Non-Executive Director 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/              Initial Notification 
       Amendment 
     ---------------------------------  ------------------------------------ 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Sylvania Platinum Limited 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138005DSKINAZ4OA492 
     ---------------------------------  ------------------------------------ 
      Details of the transaction(s): section to be repeated for 
  4    (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       Ordinary Shares of USD 0.01 each 
       instrument, type of 
       instrument 
                                          BMG864081044 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Purchase of Ordinary Shares 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)               Price(s)   Volume(s) 
                                            66.07p     10,000 
                                                      ---------- 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             n/a Single Transaction 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            10 November 2023 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           London Stock Exchange 
     ---------------------------------  ------------------------------------

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END

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