Transaction by PDMR and persons closely associated
_____________________________________________________________________________________________________________________________
13 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 12 September 2024 of the following transaction by Eileen Carr, Non-Executive Director and Chair:
· The purchase of 70,000 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 44.85 pence per Ordinary Share on 12 September 2024.
Following this transaction, her shareholding in the Company totals 200,000 Ordinary Shares, representing 0.08% 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 |
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
| Eileen Carr | ||||
2 | Reason for the notification
| |||||
a) | Position/status
| Non-Executive Director and Chair | ||||
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)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| n/a Single Transaction
| ||||
e) | Date of the transaction
| 12 September 2024 | ||||
f) | Place of the transaction
| London Stock Exchange | ||||
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.