Business
Buyback Under Employee Share Award Scheme
Sylvania Platinum Limited has repurchased 276,692 ordinary shares from employees under its Bonus Share Award Plan at a price of 115.33 pence per share, reflecting the 30-day volume-weighted average price. Of these shares, 218,125 were sold by a person closely associated with a person discharging managerial responsibilities, Albert Jordaan, whose beneficial interest in shares is now zero. Following this transaction, the company holds 11,802,534 ordinary shares in treasury, leaving 259,859,191 ordinary shares with voting rights. Disclaimer*
About this update from Sylvania Platinum Ltd.
___________________________________________________________________________________________________________________ 4 March 2026 Sylvania Platinum Limited ("Sylvania", the "Company" or the "Group") Buyback Under Employee Share Award Scheme Sylvania (AIM: SLP), the platinum group metals ("PGM"), and emerging Chrome producer and developer with assets in South Africa, announces that the Company has, on 3 March 2026, acquired 276,692 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from its employees. The Ordinary Shares were granted to eligible employees over the tenure of their employment with the Company under the Sylvania Platinum Limited Bonus Share Award Plan (the "Plan"). The Plan rules allow for employees to request the Company to buy back shares twice a year at the 30-Day Volume-Weighted Average Price ("VWAP"). The Ordinary Shares were purchased at the 30-day VWAP price of 115.33 pence per Ordinary Share, calculated at the close of business on 2 March 2026 and placed into Treasury to be utilised to satisfy future awards under the Company's incentive schemes. Of the total Ordinary Shares being repurchased, 218,125 relate to a Person Closely Associated ("PCA") to a Person Displaying Management Responsibility ("PDMR") of the Company, as follows: PDMR Shares Beneficially Interested in Shares sold Price per share Total shares Beneficially Interested in after event % of share capital (Shares with voting rights) Albert Jordaan 218,125 218,125 115.33p 0 0.00% For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital is 271,661,725 Ordinary Shares. Following the above transaction, a total of 11,802,534 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 259,859,191 Ordinary Shares. CONTACT DETAILS For further information, please contact: Jaco Prinsloo CEO Ronel Bosman CFO +27 11 673 1171 Nominated Adviser and Joint Broker Panmure Liberum Limited +44 (0) 20 3100 2000 Scott Mathieson / John More / Gaya Bhatt Joint Broker Joh. Berenberg, Gossler & Co KG, London +44 (0) 20 3207 7800 Jennifer Lee / Ivan Bri...
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