TIDMSLP
RNS Number : 7672S
Sylvania Platinum Limited
08 November 2019
_____________________________________________________________________________________________________________________________
8 November 2019
Sylvania Platinum Limited
("Sylvania", "the Company")
AIM (SLP)
Issue of Shares
Sylvania Platinum Limited today announces that it has issued a
total of 275,000 ordinary shares of USD0.01 each ("Ordinary
Shares") out of shares held in Treasury, to the four Directors of
the Company.
All four of the awards are to persons discharging managerial
responsibilities ("PDMR") as defined in the Market Abuse
Regulations ("MAR") and were awarded as follows:
PDMR Shares held Total Shares Total shares % of share
before event awarded held after capital (Shares
event with voting
rights)
---------------- ------------- ------------- -----------------
TM McConnachie 5,015,000 200,000 5,215,000 1.85%
-------------- ------------- ------------- -----------------
SA Murray 1,000,000 25,000 1,025,000 0.36%
-------------- ------------- ------------- -----------------
RA Williams 1,067,000 25,000 1,092,000 0.39%
-------------- ------------- ------------- -----------------
E Carr 0 25,000 25,000 0.01%
-------------- ------------- ------------- -----------------
Following the above transaction, the Company's issued share
capital is 289,724,772 Ordinary Shares, of which a total of
7,110,483 Ordinary Shares are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights in Sylvania is
282,614,289 Ordinary Shares.
This announcement is released by Sylvania Platinum Limited and
contains inside information for the purposes of Article 7 of the
MAR (EU) 596/2014, 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 Terence McConnachie.
CORPORATE INFORMATION
Registered office: Sylvania Platinum Limited
Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
Postal address: PO Box 976
Florida Hills, 1716
South Africa
Sylvania Website: www.sylvaniaplatinum.com
CONTACT DETAILS
For further information, please
contact:
Terence McConnachie (Chief Executive
Officer) +27 82 553 4256
Nominated Adviser and Broker
Liberum Capital Limited +44 (0) 20 3100 2000
Richard Crawley / Ed Phillips
Communications
Alma PR Limited +44 (0) 203 405 0205
Josh Royston / Helena Bogle
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Terrence Michael McConnachie
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Executive Officer
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of USD 0.01 each
instrument, type of instrument
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Issue of Shares
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
nil 200,000
----------
----------------------------------- -----------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
----------------------------------- -----------------------------------
e) Date of the transaction 05 November 2019
----------------------------------- -----------------------------------
f) Place of the transaction Off Market
----------------------------------- -----------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Stuart Angus Murray
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of USD 0.01 each
instrument, type of instrument
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Issue of Shares
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
nil 25,000
----------
----------------------------------- -----------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
----------------------------------- -----------------------------------
e) Date of the transaction 05 November 2019
----------------------------------- -----------------------------------
f) Place of the transaction Off Market
----------------------------------- -----------------------------------
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Roger Alyn Williams
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of USD 0.01 each
instrument, type of instrument
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Issue of Shares
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
nil 25,000
----------
----------------------------------- -----------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
----------------------------------- -----------------------------------
e) Date of the transaction 05 November 2019
----------------------------------- -----------------------------------
f) Place of the transaction Off Market
----------------------------------- -----------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Eileen Carr
----------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Sylvania Platinum Limited
----------------------------------- -----------------------------------
b) LEI 2138005DSKINAZ4OA492
----------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of USD 0.01 each
instrument, type of instrument
Identification code BMG864081044
----------------------------------- -----------------------------------
b) Nature of the transaction Issue of Shares
----------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
nil 25,000
----------
----------------------------------- -----------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
----------------------------------- -----------------------------------
e) Date of the transaction 05 November 2019
----------------------------------- -----------------------------------
f) Place of the transaction Off Market
----------------------------------- -----------------------------------
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
DSHFSSSMAFUSELF
(END) Dow Jones Newswires
November 08, 2019 02:00 ET (07:00 GMT)
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