REG - Sylvania Platinum - Notice of Transaction by PDMR

Sylvania PlatinumAnnouncement

31/03/2023 14:00

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RNS Number : 9941U  Sylvania Platinum Limited  31 March 2023

 
 

 

 

 

 

 
_____________________________________________________________________________________________________________________________

 

31 March 2023

 

 

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 31 March 2023 that the
following transactions by Eileen Carr, Non-Executive Director occurred on 30
March 2023:

 

 * The sale of 13,811 ordinary shares of $0.01 each in the Company ("Ordinary
Shares") at 89 pence per Ordinary Share; and

 * the subsequent purchase of 13,811 Ordinary Shares for her Self-Invested
Pension Plan ("SIPP) at 89 pence per Ordinary Share.

 

Following these two transactions, her shareholding in the Company remains
unchanged at 70,000 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                                  +27 11 673 1171

 Lewanne Carminati CFO

 Nominated Adviser and Broker
 Liberum Capital Limited                            +44 (0) 20 3100 2000
 Richard Crawley / Scott Mathieson / Kane Collings

 Communications
 BlytheRay                                          +44 (0) 20 7138 3205
 Tim Blythe / Megan Ray / Rachael Brooks            sylvania@BlytheRay.com (mailto:sylvania@BlytheRay.com)

 

 

 

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 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.

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/ 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  Ordinary Shares of USD 0.01 each

     Identification code

                                                                  BMG864081044
 b)  Nature of the transaction                                    Sale of Shares

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  89p       13,811

 

 d)  Aggregated information                                       n/a Single Transaction

     -      Aggregated volume

     -      Price

 e)  Date of the transaction                                      30 March 2023

 f)  Place of the transaction                                     London Stock Exchange

 

 

 

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2023

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/ 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  Ordinary Shares of USD 0.01 each

     Identification code

                                                                  BMG864081044
 b)  Nature of the transaction                                    Purchase of Shares

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  89p       13,811

 

 d)  Aggregated information                                       n/a Single Transaction

     -      Aggregated volume

     -      Price

 e)  Date of the transaction                                      30 March 2023

 f)  Place of the transaction                                     London Stock Exchange

 

 

 

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2023

f)

Place of the transaction

 

London Stock Exchange

 

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