RNS Number : 7481E
Sylvania Platinum Limited
19 September 2024
 

Description: C:UsersIanDesktopSYLVANIA PLATINUMSylvania Platinum logo.jpg                                                       _____________________________________________________________________________________________________________________________

 

19 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 18 September 2024 of the following transaction by Simon Scott, Non-Executive Director:

 

 

Following this transaction, his shareholding in the Company totals 30,000 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

+27 11 673 1171

 


Nominated Adviser and Broker


Panmure Liberum Limited

+44 (0) 20 3100 2000

Scott Mathieson / John More / Joshua Borlant




Communications


BlytheRay

+44 (0) 20 7138 3204

Tim Blythe / Megan Ray

sylvania@BlytheRay.com

 

 

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

 

Simon Scott

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)

46.80p

10,000

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

n/a Single Transaction

 

 

 

e)

Date of the transaction

 

18 September 2024

f)

Place of the transaction

 

London Stock Exchange

 

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