TIDMSLP

RNS Number : 3547Q

Sylvania Platinum Limited

27 October 2021

27 October 2021

Sylvania Platinum Limited

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

Share Buyback

Sylvania (AIM: SLP) announces that, further to the announcement on 30 September 2021, the Group has today bought back a further 82,500 Ordinary Shares of $0.01 each ("Ordinary Shares") in the Company, from employees. The Ordinary Shares have been repurchased by the Company at the 30-day VWAP of 91.7 pence, calculated at the close of business on 29 September 2021, so as to align the repurchase with those announced on 30 September 2021. All Ordinary Shares purchased by the Company have been placed in Treasury.

Following the above transaction, the Company's issued share capital amounts to 286,155,657 Ordinary Shares of which a total of 13,170,222 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 272,985,435 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 
  / Ed Phillips 
 
 Communications 
 Alma PR Limited                      +44 (0) 20 3405 0208 
 Justine James / Harriet Jackson      sylvania@almapr.co.uk 
  / 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

This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

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 .

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END

POSUNRARAOURUUA

(END) Dow Jones Newswires

October 27, 2021 02:00 ET (06:00 GMT)

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