REG - Sylvania Platinum - Share Buyback Programme Update <Origin Href="QuoteRef">SLPL.L</Origin>

Sylvania PlatinumAnnouncement

21/12/2017 07:05

RNS Number : 0372A
Sylvania Platinum Limited
21 December 2017
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Sylvania Platinum Limited 
("Sylvania" or "the Company")
AIM (SLP)
Extended Share Buyback Programme Update
21 December 2017
With reference to the Share Buyback Programme (the "Programme") announced on 21 August 2017 and the extension thereof announced on 1 November 2017, the Company announces that between 9 December 2017 and 15 December 2017, a total of 79,294 Ordinary $0.01 Shares ("Ordinary Shares") were purchased from non-UK based shareholders at a price of A$0.1619 per Ordinary Share. This brings the total purchased during the course of the Programme to 1,908,645, Ordinary Shares.
To date, 39% of the shareholders eligible under the terms of the Programme have taken up the offer detailed in the announcements on 21 August 2017 and 1 November 2017. In order to afford the remaining shareholders the opportunity to still accept the offer, the Company is extending further the closing date to 31 March 2018. Full details of the Programme may be accessed via the Company's website at www.sylvaniaplatinum.com
Ordinary Shares bought back in accordance with this Programme will be held in treasury to be cancelled.
Following the above transaction, the Company's issued share capital is 291,133,661 Ordinary Shares, of which a total of 4,488,640 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,645,021 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 (0) 777 533 7175


Nominated Advisor and Broker

Liberum Capital Limited
+44 (0) 20 3100 2000
Richard Crawley / Neil Elliot 



Facilitator 

Bennett & Co
+61 8 6316 2200
David Sanders / Heidi Gan



Communications

Alma PR Limited
+44 (0) 77 8090 1979
Josh Royston / Helena Bogle / Hilary Buchanan 


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