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REG - Sylvania Platinum - Share Buyback Update




 



RNS Number : 3686I
Sylvania Platinum Limited
01 April 2020
 

 

 

 

 

 

 

                             _____________________________________________________________________________________________________________________________

 

Sylvania Platinum Limited

 

 ("Sylvania" or "the Company")

 

 AIM (SLP)

 

 

Share Buyback Update

 

 

1 April 2020

 

Sylvania Platinum Limited advises that as at 31 March 2020, it has acquired 298,632 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital, at Aus$0.9195 per Ordinary Share. This relates to the buyback of up to 1,650,339 ordinary shares of USD0.01 ("Ordinary Shares") from all certificated non-UK shareholders who hold 175,000 shares or fewer in the Company, as advised in the Company's interim financial results on 17 February 2020.  The shares will be placed into Treasury to be transferred to the employee share plan. 

 

Following the above-mentioned transaction, the Company's issued share capital amounts to 289,724,772 Ordinary Shares, of which a total of 12,284,115 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 277,440,657 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 Mr 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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