REG - Sylvania Platinum - Share Buyback
RNS Number : 3547QSylvania Platinum Limited27 October 202127 October 2021
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Share Buyback
Sylvania (AIM: SLP) announces that, further to the announcement on 30 September 2021, the Group has today bought back a further 82,500 Ordinary Shares of $0.01 each ("Ordinary Shares") in the Company, from employees. The Ordinary Shares have been repurchased by the Company at the 30-day VWAP of 91.7 pence, calculated at the close of business on 29 September 2021, so as to align the repurchase with those announced on 30 September 2021. All Ordinary Shares purchased by the Company have been placed in Treasury.
Following the above transaction, the Company's issued share capital amounts to 286,155,657 Ordinary Shares of which a total of 13,170,222 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 272,985,435 Ordinary Shares.
CONTACT DETAILS
For further information, please contact:
Jaco Prinsloo CEO
Lewanne Carminati CFO
+27 11 673 1171
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 / Harriet Jackson / 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
This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), 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 Jaco Prinsloo.
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