Sylvania Platinum Limited Notice of Transaction by PDMR (1416M)

TIDMSLP

RNS Number : 1416M

Sylvania Platinum Limited

12 September 2023 _____________________________________________________________________________________________________________________________

12 September 2023

Sylvania Platinum Limited

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

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

Sylvania (AIM: SLP) the platinum group metals ("PGM") producer and developer, with assets in South Africa, announces that it was notified on 11 September 2023 of the following transaction by Adrian Reynolds, Non-Executive Director:

-- The purchase of 20,000 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 80.40 pence per Ordinary Share on 11 September 2023.

Following this transaction, his shareholding in the Company totals 40,000 Ordinary Shares, representing 0.01% 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               [e-mail] 
 

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/

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                          Adrian Reynolds 
     ------------------------------------------------------------  ------------------------------------------- 
 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   Ordinary Shares of USD 0.01 each 
 
 
 
       Identification code                                           BMG864081044 
     ------------------------------------------------------------  ------------------------------------------- 
 b)   Nature of the transaction                                       Purchase of Ordinary Shares 
     --------------------------------------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)                                            Price(s)   Volume(s) 
                                                                         80.40p     20,000 
                                                                                   ---------- 
     --------------------------------------------------------------  ----------------------------------------- 
 d)   Aggregated information                                          n/a Single Transaction 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------------------------------------------  ----------------------------------------- 
 e)   Date of the transaction                                         11 September 2023 
     --------------------------------------------------------------  ----------------------------------------- 
 f)   Place of the transaction                                        London Stock Exchange 
     --------------------------------------------------------------  ----------------------------------------- 
 
 

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDZGMLKZLGFZG

(END) Dow Jones Newswires

September 12, 2023 02:00 ET (06:00 GMT)