REG - Sylvania Platinum - Share Buyback

Sylvania PlatinumAnnouncement

09/03/2020 07:00

RNS Number : 4037F
  
Sylvania Platinum Limited
  
09 March 2020
  
 

 
 
 
                             _____________________________________________________________________________________________________________________________
 
Sylvania Platinum Limited 
 
 ("Sylvania" or "the Company")
 
 AIM (SLP)
 
 
Share Buyback Update
 
 
9 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 6 March 2020, it acquired 200,000 Ordinary Shares, representing approximately 0.069% of the Company's issued share capital, at 50p per Ordinary Share.   
 
Following the above transaction, the Company's issued share capital is 289,724,772 Ordinary Shares, of which a total of 7,310,483 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 282,414,289 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




 


Bermuda




 


 




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 / 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.
 
  END
 
 
POSJLMATMTIMMJM