Transaction in Own Shares

RNS Number : 9471Y

Sylvania Platinum Limited

28 August 2018

 

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Sylvania Platinum Limited

 ("Sylvania" or "the Company")

 AIM (SLP)

Share Buyback Programme Final Update and Closure

28 August 2018

With reference to the Share Buyback Programme (the "Programme") announced on 21 August 2017 and which subsequently ended on Friday, 24 August 2018, the Company announces that between 1 August 2018 and 24 August 2018, a total of 89,593 Ordinary $0.01 Shares ("Ordinary Shares") were purchased from non-UK based shareholders at a price of A$0.1619 per Ordinary Share.

This brings the total purchased during the course of the Programme to 2,397,481 Ordinary Shares representing 57% of the shares on offer under the Programme.

Ordinary Shares bought back in accordance with this Programme will be placed into treasury to be cancelled.

Your Directors advise that the Programme has officially ended.

Following the above transaction, the Company's issued share capital is 291,133,661 Ordinary Shares, of which a total of 4,969,142 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,164,519 Ordinary Shares.

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:
Terence McConnachie (Chief Executive Officer)	[phone]
Nominated Advisor and Broker
Liberum Capital Limited	[phone]
Neil Elliot / Richard Crawley
Communications
Alma PR Limited	[phone]
Josh Royston / Helena Bogle

 

END

 

 

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