Share Buyback Update
Summary by AI BETAClose X
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29 October 2026
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Completion of Share Buyback Programme
Sylvania (AIM: SLP), the platinum group metals ("PGM") and emerging Chrome producer and developer with assets in South Africa, announces that the Company has purchased the following number of its ordinary shares of $0.01 each ("Ordinary Shares") through Panmure Liberum Limited on 28 October 2026.
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Date of Purchase |
Number of Ordinary Shares purchased |
Weighted average price paid (p) |
Lowest price paid (p) |
Highest price paid (p) |
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28 Oct 2026 |
65,433 |
94.08 |
93.40 |
94.50 |
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital is 271,661,725 Ordinary Shares. Following the above purchase, a total of 13,855,358 Ordinary Shares, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 257,806,367 Ordinary Shares.
Following the above purchase of shares, the Company announces that it has now completed its Share Buyback Programme launched on 15 September 2026, to acquire up to a maximum aggregate consideration of $1.5 million.
In total, the Group repurchased 1,204,433 ordinary shares at an average price of 92.23 pence, for a total consideration of £1,110,897.97.
CONTACT DETAILS
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CORPORATE INFORMATION
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Registered and postal address: |
Sylvania Platinum Limited |
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Richmond House |
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12 Par-la-Ville Road |
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Hamilton HM 08 |
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Bermuda
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SA Operations postal address: |
PO Box 976 |
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Florida Hills, 1716 |
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South Africa |
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Sylvania Website: www.sylvaniaplatinum.com
About Sylvania Platinum Limited
Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs") (platinum, palladium and rhodium) and emerging Chrome producer with Operations located in South Africa. The Sylvania Dump Operations ("SDO") is comprised of six Chrome beneficiation and PGM processing Plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex ("BIC"). The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. In FY2023, the Company entered into the Thaba Joint Venture ("Thaba JV") which comprises Chrome beneficiation and PGM processing plants, and is treating a combination of run of mine ("ROM") and historical Chrome tailings from the JV partner, adding a full margin Chrome concentrate revenue stream. The Group also holds mining rights for PGM projects in the Northern Limb of the BIC.
For more information, visit https://www.sylvaniaplatinum.com/
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