REG - Sylvania Platinum - Exercise of share options <Origin Href="QuoteRef">SLPL.L</Origin>

Sylvania PlatinumAnnouncement

31/03/2015 14:20

RNS Number : 0228J
Sylvania Platinum Limited
31 March 2015
Sylvania Platinum Limited
("Sylvania", "the Company" or "the Group")
AIM (SLP)
Exercise of share options
31 March 2015
The Company announces that certain Directors and senior management have today exercised vested options awarded to them under the Sylvania Platinum Limited Option Plan. Upon exercise, the options convert into 5,740,000 ordinary shares of USD0.10 each in the Company ("Ordinary Shares"), and it is intended that shares currently held in treasury will be used to satisfy the exercise of the options. 
Of the 5,740,000 options being exercised, the following relate to Directors of the Company: 
Name
Opening balance of Ordinary Shares held
Bonus shares
Share options exercising
Total number of Ordinary Shares held after exercise
T McConnachie
500,000
865,000
 1,200,000 
2,565,000
R Williams
367,000
-
 300,000 
667,000
G Button
500,000
-
 600,000 
1,100,000
Following this transaction, the Company's issued share capital is 297,981,896 Ordinary Shares, of which a total of 1,606,610 Ordinary Shares are held in treasury. Therefore the total number of Ordinary Shares with voting rights in Sylvania is 296,375,286 Ordinary Shares.
CORPORATE INFORMATION
Registered office:
Sylvania Platinum Limited
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)
+44 777 533 7175
Nominated Advisor and Joint Broker
Liberum Capital Limited
Richard Crawley/Tom Fyson
+44 (0) 20 3100 2000
Joint Broker
GMP Securities Europe LLP
Richard Greenfield/ Alexandra Carse
+44 (0) 20 7647 2800
Communications
Newgate 
Tim Thompson / Adam Lloyd / Ed Treadwell / Helena Bogle
+44 (0) 20 7653 9850

This information is provided by RNS
The company news service from the London Stock Exchange
  END
RDSPKDDDNBKDNNN