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Sylvania Platinum - Director Dealings

RNS Number : 8923U

Sylvania Platinum Limited

02 March 2026

 

 

        _____________________________________________________________________________________________________________________________

 

2 March 2026

 

Sylvania Platinum Limited

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

 

Director Dealings

 

Sylvania (AIM: SLP), the platinum group metals ("PGM"), and emerging Chrome producer and developer with assets in South Africa, announces that the Company has been notified of a director share transaction.

 

On 27 February 2026, Sylvania was informed of the sale of 555,000 ordinary shares in aggregate in the capital of the Company by the Company's CEO, Jaco Prinsloo, and his wife, a Person Closely Associated with him for the purposes of the Market Abuse Regulation. These shares were sold as part of a portfolio rebalancing exercise.

 

Following this transaction, Mr Prinsloo holds or is beneficially interested in 1,050,594 Ordinary Shares, equivalent to 0.40% of Ordinary Shares with voting rights.     

 

DirectorShares Beneficially Interested InShares SoldPrice per shareTotal shares Beneficially Interested In after event% of share capital (Shares with voting rights)
Jaco Prinsloo1,605,594555,000126.5p1,050,5940.40%
      CONTACT DETAILS  
For further information, please contact:
Jaco Prinsloo CEO
Ronel Bosman CFO
+27 11 673 1171
Nominated Adviser and JointBroker
Panmure Liberum Limited+44 (0) 20 3100 2000
Scott Mathieson / John More/ Gaya Bhatt
Joint Broker
Joh. Berenberg, Gossler & Co KG, London+44 (0) 20 3207 7800
Jennifer Lee / Ivan Briechle
Communications
BlytheRay
Megan Ray / Rachael Brooks
+44 (0) 20 7138 3204
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   About Sylvania Platinum Limited Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs") (platinum, palladium and rhodium) and Chrome 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 is treating a combination of run of mine ("ROM") and historical Chrome tailings from the JV partner, adding a full margin Chrome concentrate revenue stream. The Group also holds mining rights for PGM projects in the Northern Limb of the BIC.     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
1Details of the person discharging managerial responsibilities/person closely associated
a)NameJacobus Johannes Prinsloo
2Reason for the notification
a)Position/statusChief Executive Officer
b)Initial notification/ AmendmentInitial Notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameSylvania Platinum Limited
b)LEI2138005DSKINAZ4OA492
4Details 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 transactionSale of shares
c)Price(s) and volume(s)
Price(s)Volume(s)
126.50p205,750
d)Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)Date of the transaction27 February 2026
f)Place of the transactionOff Market
    Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1Details of the person discharging managerial responsibilities/person closely associated
a)NameJohanna MagdalenaPrinsloo
2Reason for the notification
a)Position/statusWife of Chief Executive Officer
b)Initial notification/ AmendmentInitial Notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameSylvania Platinum Limited
b)LEI2138005DSKINAZ4OA492
4Details 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 transactionSale of shares
c)Price(s) and volume(s)
Price(s)Volume(s)
126.50p349,250
d)Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)Date of the transaction27 February 2026
f)Place of the transactionOff Market
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