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REG - Sylvania Platinum - Share Buyback Update




 



RNS Number : 5855G
Sylvania Platinum Limited
18 March 2020
 

 

 

 

 

 

 

                             _____________________________________________________________________________________________________________________________

 

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


 

 


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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