Notice of Transaction by PDMR

RNS Number : 9941U
Sylvania Platinum Limited
31 March 2023
 

Description: C:\Users\Ian\Desktop\SYLVANIA PLATINUM\Sylvania Platinum logo.jpg    

 

 

 

 

  _____________________________________________________________________________________________________________________________

 

31 March 2023

 

 

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

 

 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

 

 

Sylvania (AIM: SLP) announces that it was notified on 31 March 2023 that the following transactions by Eileen Carr, Non-Executive Director occurred on 30 March 2023:

 

 

Following these two transactions, her shareholding in the Company remains unchanged at 70,000 Ordinary Shares, representing 0.02% of the total number of Ordinary Shares with voting rights.

 

 

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 / Scott Mathieson / Kane Collings




Communications


BlytheRay

+44 (0) 20 7138 3205

Tim Blythe / Megan Ray / Rachael Brooks

sylvania@BlytheRay.com

 

 

 

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

 

 

About Sylvania Platinum Limited

 

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects in the Northern Limb of the Bushveld Complex.

 

 

For more information visit https://www.sylvaniaplatinum.com/

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse regulation (EU) no.596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.

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.

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

 

Eileen Carr

2

Reason for the notification

 

a)

Position/status

 

Non-Executive Director

b)

Initial notification/ Amendment

 

Initial Notification

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 instrument, type of instrument

 

 

 

Identification code

 

Ordinary Shares of USD 0.01 each

 

 

 

 

BMG864081044

b)

Nature of the transaction

 

Sale of Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

89p

13,811

 

 

 

d)

Aggregated information

 

Aggregated volume

 

Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2023

f)

Place of the transaction

 

London Stock Exchange

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Eileen Carr (SIPP)

2

Reason for the notification

 

a)

Position/status

 

Non-Executive Director

b)

Initial notification/ Amendment

 

Initial Notification

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 instrument, type of instrument

 

 

 

Identification code

 

Ordinary Shares of USD 0.01 each

 

 

 

 

BMG864081044

b)

Nature of the transaction

 

Purchase of Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

89p

13,811

 

 

 

d)

Aggregated information

 

Aggregated volume

 

Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

30 March 2023

f)

Place of the transaction

 

London Stock Exchange

 

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