2 March 2026
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Director Dealings
Sylvania (AIM: SLP), the platinum group metals ("PGM"), and emerging Chrome producer and developer with assets in South Africa, announces that the Company has been notified of a director share transaction.
On 27 February 2026, Sylvania was informed of the sale of 555,000 ordinary shares in aggregate in the capital of the Company by the Company's CEO, Jaco Prinsloo, and his wife, a Person Closely Associated with him for the purposes of the Market Abuse Regulation. These shares were sold as part of a portfolio rebalancing exercise.
Following this transaction, Mr Prinsloo holds or is beneficially interested in 1,050,594 Ordinary Shares, equivalent to 0.40% of Ordinary Shares with voting rights.
|
Director |
Shares Beneficially Interested In |
Shares Sold |
Price per share |
Total shares Beneficially Interested In after event |
% of share capital (Shares with voting rights) |
|
Jaco Prinsloo |
1,605,594 |
555,000 |
126.5p |
1,050,594 |
0.40% |
CONTACT DETAILS
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For further information, please contact: |
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Jaco Prinsloo CEO Ronel Bosman CFO |
+27 11 673 1171 |
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Nominated Adviser and Joint Broker |
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Panmure Liberum Limited |
+44 (0) 20 3100 2000 |
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Scott Mathieson / John More / Gaya Bhatt |
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Joint Broker |
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Joh. Berenberg, Gossler & Co KG, London |
+44 (0) 20 3207 7800 |
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Jennifer Lee / Ivan Briechle |
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Communications BlytheRay Megan Ray / Rachael Brooks |
+44 (0) 20 7138 3204 |
CORPORATE INFORMATION
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Registered and postal address: |
Sylvania Platinum Limited |
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Clarendon House |
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2 Church Street |
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Hamilton HM 11 |
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Bermuda |
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SA Operations postal address: |
PO Box 976 |
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Florida Hills, 1716 |
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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) and Chrome 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 is treating a combination of run of mine ("ROM") and historical Chrome tailings from the JV partner, adding a full margin Chrome concentrate revenue stream. The Group also holds mining rights for PGM projects in the Northern Limb of the BIC.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Jacobus Johannes Prinsloo |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Sylvania Platinum Limited |
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b) |
LEI |
2138005DSKINAZ4OA492 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of USD 0.01 each BMG864081044 |
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b) |
Nature of the transaction |
Sale of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
n/a Single Transaction |
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e) |
Date of the transaction |
27 February 2026 |
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f) |
Place of the transaction |
Off Market |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Johanna Magdalena Prinsloo |
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2 |
Reason for the notification |
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a) |
Position/status |
Wife of Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Sylvania Platinum Limited |
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b) |
LEI |
2138005DSKINAZ4OA492 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of USD 0.01 each BMG864081044 |
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b) |
Nature of the transaction |
Sale of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
n/a Single Transaction |
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e) |
Date of the transaction |
27 February 2026 |
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f) |
Place of the transaction |
Off Market |
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