Sylvania Platinum Limited Notice of Transaction by PDMR (9941U)

TIDMSLP

RNS Number : 9941U

Sylvania Platinum Limited

31 March 2023 _____________________________________________________________________________________________________________________________

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:

   -- The sale of 13,811 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 89 pence per Ordinary 
      Share; and 
 
   -- the subsequent purchase of 13,811 Ordinary Shares for her Self-Invested Pension Plan ("SIPP) at 89 pence per 
      Ordinary Share. 

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               [phone] 
 
 Nominated Adviser and Broker 
 Liberum Capital Limited              [phone] 
 Richard Crawley / Scott Mathieson 
  / Kane Collings 
 
 Communications 
 BlytheRay                            [phone] 
 Tim Blythe / Megan Ray / Rachael     [e-mail] 
  Brooks 
 

CORPORATE INFORMATION

 
 Registered and postal   Sylvania Platinum Limited 
  address: 
                         Clarendon House 
                         2 Church Street 
                         Hamilton HM 11 
                         Bermuda 
 
 SA Operations postal    PO Box 976 
  address: 
                         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/                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            Sale of Shares 
     -----------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              89p        13,811 
                                                        ---------- 
     -----------------------------------  ----------------------------------- 
 d)   Aggregated information               n/a Single Transaction 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -----------------------------------  ----------------------------------- 
 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/                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            Purchase of Shares 
     -----------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              89p        13,811 
                                                        ---------- 
     -----------------------------------  ----------------------------------- 
 d)   Aggregated information               n/a Single Transaction 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -----------------------------------  ----------------------------------- 
 e)   Date of the transaction              30 March 2023 
     -----------------------------------  ----------------------------------- 
 f)   Place of the transaction             London Stock Exchange 
     -----------------------------------  ----------------------------------- 
 

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END

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March 31, 2023 08:55 ET (12:55 GMT)