REG - Sylvania Platinum - Directorate Change

Sylvania PlatinumAnnouncement

29/12/2021 07:00

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RNS Number : 9094W  Sylvania Platinum Limited  29 December 2021

 
 

 

 

 

 

 
_____________________________________________________________________________________________________________________________

 

29 December 2021

 

 

Sylvania Platinum Limited

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

 

Directorate Change: Non-executive Director

 

 

Sylvania Platinum (AIM: SLP) is pleased to announce the appointment of Simon
Scott as Independent Non-executive Director, with effect from 1 January 2022.
Simon brings over 20 years of experience in the mining industry.

 

Roger Williams, who has served on the Board of the Company since 2011, will
step down from his role as a Non-executive Director on Simon Scott's
appointment.

 

As a result of the Directorate changes, and as part of a Board succession
plan, the following changes in committee roles will be implemented: Eileen
Carr will become Chair of the Audit Committee, Adrian Reynolds will become
Chair of the Remuneration Committee and Simon Scott will become a member of
the Audit Committee. Eileen Carr's role as Assistant Company Secretary will be
carried out in future by a member of the Company's in-house legal staff.

 

Stuart Murray, Chairman of Sylvania, commented: "On behalf of the Board, I
would like to thank Roger for a decade of diligent hard work since his
appointment in 2011. I joined the Board as Chairman in 2013 and have greatly
appreciated his sensible counsel and judgement, which have played an essential
part in assisting the Board to guide and support Sylvania to where it is
today. The Board and I wish him the very best with his future endeavours.

 

"I am delighted to welcome Simon to the Sylvania Board. His wealth of industry
knowledge and financial experience will enrich the Board and I look forward to
working together and benefiting from his expertise as we continue to deliver
value to shareholders."

 

Further information:

 

Mr. Scott (age 64) is a CA (SA) and has previously held senior executive roles
in the Platinum Group Metals and Construction sectors for companies listed on
both the London and Johannesburg Stock Exchanges. He holds or has held the
following directorships or partnerships in the past five years:

 

Current directorships and partnerships:

 

First Quantum Minerals Limited (Canada)

AngloGold Ashanti Holdings plc (Isle of Man)

 

Previous directorships and partnerships:

 

None within the past 5 years.

 

Mr. Scott does not have a beneficial interest in ordinary shares of the
Company and, other than the information disclosed above, there is no further
information in connection with his appointment required to be disclosed under
Schedule Two, paragraph (g) of the AIM Rules for Companies.

CONTACT DETAILS

 

 For further information, please contact:
 Jaco Prinsloo CEO                                +27 11 673 1171

 Lewanne Carminati CFO

 Stuart Murray Chairman

 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 / Josh Royston / Faye Calow        sylvania@almapr.co.uk

 

 

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 (http://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/
(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.

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