Sylvania Platinum Limited Share Buyback Programme Update and Extension (6665J)
April 04 2018 - 1:00AM
UK Regulatory
TIDMSLP
RNS Number : 6665J
Sylvania Platinum Limited
04 April 2018
_____________________________________________________________________________________________________________________________
Sylvania Platinum Limited
("Sylvania" or "the Company")
AIM (SLP)
Share Buyback Programme Update and Extension
4 April 2018
With reference to the Share Buyback Programme (the "Programme")
announced on 21 August 2017 and subsequently extended, the Company
announces that between 01 March 2018 and 31 March 2018, a total of
130,195 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 2,226,443 Ordinary Shares.
Ordinary Shares bought back in accordance with this Programme
will be held in treasury to be cancelled.
To date, a total of 48.5% of the shareholders holding 53.3% of
the shares eligible under the terms of the Programme have taken up
the offer. In order to afford the remaining shareholders the
opportunity to still accept the offer, the Company is extending
further the closing date to 30 June 2018. Full details of the
Programme may be accessed via the Company's website at
www.sylvaniaplatinum.com.
Following the above transaction, the Company's issued share
capital is 291,133,661 Ordinary Shares, of which a total of
4,798,104 Ordinary Shares are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights in Sylvania is
286,335,557 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
END
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