Business
Exercise of Vested Bonus Shares
Sylvania Platinum Limited announced that directors, senior management, and employees exercised rights over 692,000 ordinary shares following the vesting of deferred share awards granted in August 2022. The company immediately repurchased 256,050 ordinary shares at 77.60 pence to cover tax liabilities. An additional 409,397 ordinary shares were repurchased at a 30-day VWAP of 78.49 pence. All 665,447 repurchased shares are held in treasury. Following these transactions, the company's issued share capital is 271,661,725 ordinary shares, with 11,578,948 held in treasury, resulting in 260,082,777 ordinary shares with voting rights. Disclaimer*
About this update from Sylvania Platinum Ltd.
[{"type":"text","content":"\n\n \n\n _____________________________________________________________________________________________________________________________\n \n30 September 2025\n \n \nSylvania Platinum Limited\n (\"Sylvania\", the \"Company\" or the \"Group\")\n \n \nExercise of Vested Bonus Shares\n \n \nSylvania (AIM: SLP), the platinum group metals (\"PGM\"), chrome producer and developer with assets in South Africa, today announces that certain Directors, senior management and employees have, following the vesting of deferred share awards granted to them in August 2022 under the Sylvania Platinum Limited Bonus Share Award Plan (the \"Plan\"), exercised their rights over a total of 692,000 Ordinary Shares in the capital of the Company. This has been satisfied by issuing Ordinary Shares held in Treasury.\n \n256,050 of the Ordinary Shares were immediately repurchased by the Company at the vesting price of 77.60 pence, in order to satisfy the tax liabilities of the PDMRs and employees.\n \nThe Plan rules allow for employees to request the Company to buy back shares in addition to the tax portion twice a year at the 30-Day VWAP. A further 409,397 Ordinary Shares have been repurchased by the Company at the 30-day VWAP of 78.49 pence, calculated at the close of business on 26 September 2025. \n \nAll of the 665,447 Ordinary Shares repurchased by the Company are being held in Treasury.\n \nOf the total 692,000 Bonus Shares being exercised, the following relate to Directors and senior management of the Company who are deemed to be Company PDMRs:\n \n\n\n\n\nDirector\n\n\nBonus shares being exercised\n\n\nShares sold\n\n\nBonus shares retained\n\n\nTotal shares held after event\n\n\n% of share capital (Shares with voting rights)\n\n\n\n\nSales for tax and dealing costs\n\n\nPrice per share\n\n\nOther share sales\n\n\nPrice per share\n\n\n\n\nJaco Prinsloo\n\n\n64,000\n\n\n28,800\n\n\n77.60p\n\n\n-\n\n\n-\n\n\n35,200\n\n\n1,605,594\n\n\n0.62%\n\n\n\n\nLewanne Carminati\n\n\n48,000\n\n\n21,600\n\n\n77.60p\n\n\n-\n\n\n-\n\n\n26,400\n\n\n1,448,381\n\n\n0.56%\n\n\n\n\n \n\n\n\n\nPDMR\n\n\nBonus shares being...