REG - Sylvania Platinum - Issue of Shares

Sylvania PlatinumAnnouncement

08/11/2019 07:05

RNS Number : 7672S
Sylvania Platinum Limited
08 November 2019
 


 
 
 
 
 
 
                             _____________________________________________________________________________________________________________________________
 
8 November 2019
Sylvania Platinum Limited
 ("Sylvania", "the Company")
 AIM (SLP)
Issue of Shares
 
Sylvania Platinum Limited today announces that it has issued a total of 275,000 ordinary shares of USD0.01 each ("Ordinary Shares") out of shares held in Treasury, to the four Directors of the Company.
All four of the awards are to persons discharging managerial responsibilities ("PDMR") as defined in the Market Abuse Regulations ("MAR") and were awarded as follows: 
 




PDMR


Shares held before event


Total Shares awarded


Total shares held after event


% of share capital (Shares with voting rights)




TM McConnachie


5,015,000


200,000


5,215,000


1.85%




SA Murray


1,000,000


25,000


1,025,000


0.36%




RA Williams


1,067,000


25,000


1,092,000


0.39%




E Carr


0


25,000


25,000


0.01%




 
Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 7,110,483 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 282,614,289 Ordinary Shares.
This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the MAR (EU) 596/2014, 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 Terence McConnachie.
 
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)


+27 82 553 4256




 


 




Nominated Adviser and Broker


 




Liberum Capital Limited


+44 (0) 20 3100 2000




Richard Crawley / Ed Phillips


 




 


 




Communications


 




Alma PR Limited


+44 (0) 203 405 0205




Josh Royston / Helena Bogle


 




  
 
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
 


Terrence Michael McConnachie




2


Reason for the notification
 




a)


Position/status
 


Chief Executive Officer




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
 
 
 
Identification code
 


Ordinary Shares of USD 0.01 each
 
 
 
 
BMG864081044




b)


Nature of the transaction
 


Issue of Shares




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




nil


200,000




 
 
 




d)


Aggregated information
 
-      Aggregated volume
 
-      Price
 


n/a Single Transaction
 
 
 




e)


Date of the transaction
 


05 November 2019




f)


Place of the transaction
 


Off Market




 




1


Details of the person discharging managerial responsibilities/person closely associated
 




a)


Name
 


Stuart Angus Murray




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
 
 
 
Identification code
 


Ordinary Shares of USD 0.01 each
 
 
 
 
BMG864081044




b)


Nature of the transaction
 


Issue of Shares




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




nil


25,000




 
 
 




d)


Aggregated information
 
-      Aggregated volume
 
-      Price
 


n/a Single Transaction
 
 
 




e)


Date of the transaction
 


05 November 2019




f)


Place of the transaction
 


Off Market




 
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
 


Roger Alyn Williams




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
 
 
 
Identification code
 


Ordinary Shares of USD 0.01 each
 
 
 
 
BMG864081044




b)


Nature of the transaction
 


Issue of Shares




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




nil


25,000




 
 
 




d)


Aggregated information
 
-      Aggregated volume
 
-      Price
 


n/a Single Transaction
 
 
 




e)


Date of the transaction
 


05 November 2019




f)


Place of the transaction
 


Off Market




 




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
 
 
 
Identification code
 


Ordinary Shares of USD 0.01 each
 
 
 
 
BMG864081044




b)


Nature of the transaction
 


Issue of Shares




c)


Price(s) and volume(s)
 


 




Price(s)


Volume(s)




nil


25,000




 
 
 




d)


Aggregated information
 
-      Aggregated volume
 
-      Price
 


n/a Single Transaction
 
 
 




e)


Date of the transaction
 


05 November 2019




f)


Place of the transaction
 


Off Market




 
 
 




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