Sylvania Platinum Limited Transaction by PDMR and persons closely associated

RNS Number : 4800E

Sylvania Platinum Limited

17 September 2024

 

                                    _____________________________________________________________________________________________________________________________

 

17 September 2024

 

 

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 16 September 2024 of the following transaction by Adrian Reynolds, Non-Executive Director:

 

·     The purchase of 25,000 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 47.39 pence per Ordinary Share on 16 September 2024.

 

Following this transaction, his shareholding in the Company totals 75,000 Ordinary Shares, representing 0.03% 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
Panmure Liberum Limited	[phone]
Scott Mathieson / John More / Joshua Borlant
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 (PGMs) (platinum, palladium and rhodium) 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 which will treat a combination of run of mine (ROM) and historical chrome tailings from the JV partner, adding a full margin chromite 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/

 

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   Identification code	Ordinary Shares of USD 0.01 each     BMG864081044
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 47.39p 25,000
d)	Aggregated information   - Aggregated volume   - Price	n/a Single Transaction
e)	Date of the transaction	16 September 2024
f)	Place of the transaction	London Stock Exchange

 

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END

 

 

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