Sylvania Platinum Limited Share Buyback Programme Update (0372A)
December 21 2017 - 1:00AM
UK Regulatory
TIDMSLP
RNS Number : 0372A
Sylvania Platinum Limited
21 December 2017
_____________________________________________________________________________________________________________________________
Sylvania Platinum Limited
("Sylvania" or "the Company")
AIM (SLP)
Extended Share Buyback Programme Update
21 December 2017
With reference to the Share Buyback Programme (the "Programme")
announced on 21 August 2017 and the extension thereof announced on
1 November 2017, the Company announces that between 9 December 2017
and 15 December 2017, a total of 79,294 Ordinary $0.01 Shares
("Ordinary Shares") were purchased from non-UK based shareholders
at a price of A$0.1619 per Ordinary Share. This brings the total
purchased during the course of the Programme to 1,908,645, Ordinary
Shares.
To date, 39% of the shareholders eligible under the terms of the
Programme have taken up the offer detailed in the announcements on
21 August 2017 and 1 November 2017. In order to afford the
remaining shareholders the opportunity to still accept the offer,
the Company is extending further the closing date to 31 March 2018.
Full details of the Programme may be accessed via the Company's
website at www.sylvaniaplatinum.com
Ordinary Shares bought back in accordance with this Programme
will be held in treasury to be cancelled.
Following the above transaction, the Company's issued share
capital is 291,133,661 Ordinary Shares, of which a total of
4,488,640 Ordinary Shares are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights in Sylvania is
286,645,021 Ordinary Shares.
CORPORATE INFORMATION
Registered Sylvania Platinum Limited
office:
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 (0) 777 533 7175
Nominated Advisor and
Broker
Liberum Capital Limited +44 (0) 20 3100 2000
Richard Crawley / Neil
Elliot
Facilitator
Bennett & Co +61 8 6316 2200
David Sanders / Heidi
Gan
Communications
Alma PR Limited +44 (0) 77 8090 1979
Josh Royston / Helena
Bogle / Hilary Buchanan
This information is provided by RNS
The company news service from the London Stock Exchange
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