Sylvania Platinum Limited Share Buyback Update (3686I)
01 Aprile 2020 - 8:00AM
UK Regulatory
TIDMSLP
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 Sylvania Platinum Limited
address:
Clarendon House
2 Church Street
Hamilton HM 11;98
Bermud7a
SA Operations postal PO Box 976
address:
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.
END
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