REG - Sylvania Platinum - Issue of Shares
_____________________________________________________________________________________________________________________________
8 November 2019
Sylvania Platinum Limited
("Sylvania", "the Company")
AIM (SLP)
Issue of Shares
Sylvania Platinum Limited today announces that it has issued a total of 275,000 ordinary shares of USD0.01 each ("Ordinary Shares") out of shares held in Treasury, to the four Directors of the Company.
All four of the awards are to persons discharging managerial responsibilities ("PDMR") as defined in the Market Abuse Regulations ("MAR") and were awarded as follows:
PDMR
Shares held before event
Total Shares awarded
Total shares held after event
% of share capital (Shares with voting rights)
TM McConnachie
5,015,000
200,000
5,215,000
1.85%
SA Murray
1,000,000
25,000
1,025,000
0.36%
RA Williams
1,067,000
25,000
1,092,000
0.39%
E Carr
0
25,000
25,000
0.01%
Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 7,110,483 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 282,614,289 Ordinary Shares.
This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the MAR (EU) 596/2014, 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 Terence McConnachie.
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)
+27 82 553 4256
Nominated Adviser and Broker
Liberum Capital Limited
+44 (0) 20 3100 2000
Richard Crawley / Ed Phillips
Communications
Alma PR Limited
+44 (0) 203 405 0205
Josh Royston / Helena Bogle
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
Terrence Michael McConnachie
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/ Amendment
Initial Notification
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 instrument, type of instrument
Identification code
Ordinary Shares of USD 0.01 each
BMG864081044
b)
Nature of the transaction
Issue of Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
200,000
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
05 November 2019
f)
Place of the transaction
Off Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stuart Angus Murray
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification/ Amendment
Initial Notification
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 instrument, type of instrument
Identification code
Ordinary Shares of USD 0.01 each
BMG864081044
b)
Nature of the transaction
Issue of Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
25,000
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
05 November 2019
f)
Place of the transaction
Off Market
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
Roger Alyn Williams
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification/ Amendment
Initial Notification
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 instrument, type of instrument
Identification code
Ordinary Shares of USD 0.01 each
BMG864081044
b)
Nature of the transaction
Issue of Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
25,000
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
05 November 2019
f)
Place of the transaction
Off Market
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/ Amendment
Initial Notification
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 instrument, type of instrument
Identification code
Ordinary Shares of USD 0.01 each
BMG864081044
b)
Nature of the transaction
Issue of Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
25,000
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
05 November 2019
f)
Place of the transaction
Off Market
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