REG - Sylvania Platinum - Share Buyback Update
RNS Number : 5855GSylvania Platinum Limited18 March 2020
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Sylvania Platinum Limited
("Sylvania" or "the Company")
AIM (SLP)
Share Buyback Update
18 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 17 March 2020, it acquired 549,669 Ordinary Shares, representing approximately 0.19% of the Company's issued share capital, at 40.47p per Ordinary Share completing the buy back.
Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 11,985,483 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 277,739,289 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.
CORPORATE INFORMATION
Registered and postal address:
Sylvania Platinum Limited
Clarendon House
2 Church Street
Hamilton HM 11;98
Bermud7a
SA Operations postal address:
PO Box 976
Florida Hills, 1716
South Africa
Sylvania Website: www.sylvaniaplatinum.com
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 / Ed Phillips
Communications
Alma PR Limited
+44 (0) 20 3405 0208
Josh Royston / Justine James / Helena Bogle
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