REG - Sylvania Platinum - Share Buyback

Sylvania PlatinumAnnouncement

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RNS Number : 8551X  Sylvania Platinum Limited  24 March 2026

 
 
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24 March 2026

 

 

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

 

 

Share Buyback

 

 

Sylvania (AIM: SLP), the platinum group metals ("PGM") and emerging Chrome
producer and developer with assets in South Africa, announces that the Company
has, on 23 March 2026, acquired 150,000 Ordinary Shares of $0.01 each in the
Company ("Ordinary Shares") from the market at an average price of 84.25 pence
per Ordinary Share, placed into Treasury.

 

For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the Company's issued share capital is 271,661,725
Ordinary Shares. Following the above purchase, a total of 11,952,534 Ordinary
Shares, are held in Treasury. Therefore, the total number of Ordinary Shares
with voting rights in Sylvania is 259,709,191 Ordinary Shares.

 

 

CONTACT DETAILS

 

 For further information, please contact:
 Jaco Prinsloo CEO                             +27 11 673 1171

 Ronel Bosman CFO

 Nominated Adviser and Broker
 Panmure Liberum Limited                       +44 (0) 20 3100 2000

 Scott Mathieson / John More / Gaya Bhatt

 Joint Broker

 Joh. Berenberg, Gossler & Co KG, London

 Jennifer Lee / Ivan Briechle                  +44 (0) 20 3207 7800

 Communications

 BlytheRay                                     +44 (0) 20 7138 3204

 Megan Ray / Rachael Brooks

 

 

 

 

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 ("PGMs")
(platinum, palladium and rhodium) with operations located in South Africa. The
Sylvania Dump Operations ("SDO") is comprised of six chrome beneficiation and
PGM processing plants focusing on the retreatment of PGM-rich chrome tailings
materials from mines in the Bushveld Igneous Complex ("BIC"). The SDO is the
largest PGM producer from chrome tailings re-treatment in the industry. In
FY2023, the Company entered into the Thaba Joint Venture ("Thaba JV") which
comprises chrome beneficiation and PGM processing plants, and which will treat
a combination of run of mine ("ROM") and historical chrome tailings from the
JV partner, adding a full margin chromite concentrate revenue stream. The
Group also holds mining rights for PGM projects in the Northern Limb of the
BIC.

 

 

For more information visit https://www.sylvaniaplatinum.com/
(https://www.sylvaniaplatinum.com/)

 

 

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