Sylvania Platinum Limited Notice of Transaction by PDMR (0863U)
March 31 2021 - 01:00AM
UK Regulatory
TIDMSLP
RNS Number : 0863U
Sylvania Platinum Limited
31 March 2021
_____________________________________________________________________________________________________________________________
31 March 2021
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Notification of transactions by persons discharging managerial
responsibilities and persons closely associated
Sylvania (AIM: SLP) announces that it was notified on 30 March
2021 of the following transactions by Eileen Carr, Non-Executive
Director:
-- The sale of 17,500 ordinary shares of $0.01 each in the
Company ("Ordinary Shares") at 115.5 pence per Ordinary Share;
and
-- the subsequent purchase of 17,500 Ordinary Shares for her
Self-Invested Pension Plan ("SIPP) at 115.5 pence per Ordinary
Share.
Following these two transactions, her shareholding in the
Company remains unchanged at 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
/ Ed Phillips
Communications
Alma PR Limited +44 (0) 20 3405 0208
Justine James / Helena Bogle / sylvania@almapr.co.uk
Josh Royston
Faye Calow
CORPORATE INFORMATION
Registered and postal Sylvania Platinum Limited
address:
Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
SA Operations postal PO Box 976
address:
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 and a chrome
prospect in the Northern Limb of the Bushveld Complex.
For more information visit https://www.sylvaniaplatinum.com/
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse regulation (EU) no.596/2014 as amended by the
Market Abuse (Amendment) (EU Exit) Regulations 2019.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of the Company by Jaco Prinsloo.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Eileen Carr
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (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
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Sale of Shares
c) Price(s) and volume(s) Price(s) Volume(s)
115.5p 17,500
----------
-------------------------- ------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
-------------------------- ------------------------
e) Date of the transaction 30 March 2021
-------------------------- ------------------------
f) Place of the transaction London Stock Exchange
-------------------------- ------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Eileen Carr (SIPP)
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (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
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Purchase of Shares
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
115.5p 17,500
----------
----------------------------------- -----------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
----------------------------------- -----------------------------------
e) Date of the transaction 30 March 2021
----------------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange
----------------------------------- -----------------------------------
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END
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