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REG - Sylvania Platinum - Share Buyback Update


RNS Number : 2368G
Sylvania Platinum Limited
16 March 2020









Sylvania Platinum Limited


 ("Sylvania" or "the Company")





Share Buyback Update



16 March 2020


With reference to the proposed buyback of 4,875,000 ordinary shares of USD0.01 ("Ordinary Shares") in the market, announced in the Company's interim financial results on 17 February 2020, the Company announces that, on 13 March 2020, it acquired 4,125,331 Ordinary Shares, representing approximately 1.42% of the Company's issued share capital, at 47.36p per Ordinary Share.   


Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 11,435,814 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 278,288,958 Ordinary Shares.


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.




Registered and postal address:

Sylvania Platinum Limited

Clarendon House

2 Church Street

Hamilton HM 11


SA Operations postal address:

PO Box 976

Florida Hills, 1716

South Africa

Sylvania Website: www.sylvaniaplatinum.com








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 / Ed Phillips


Alma PR Limited

+44 (0) 20 3405 0208

Josh Royston / Helena Bogle



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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