Sylvania Platinum Ltd.LSE: SLP

Directors' Share Award

RNS Number : 1960Y
Sylvania Platinum Limited
07 September 2020
 

  _____________________________________________________________________________________________________________________________

7 September 2020

Sylvania Platinum Limited

 ("Sylvania" or the "Company")

 AIM (SLP)

Award of Shares

Sylvania Platinum Limited today announces that it has awarded a total of 75,000 ordinary shares of USD0.01 each ("Ordinary Shares") out of shares held in Treasury, to the three Non-Executive Directors of the Company.

All three of the awards are to persons   discharging managerial responsibilities ("PDMR") as defined in the Market Abuse Regulations ("MAR") and were awarded as follows: 

PDMR

Shares held before event

Total Shares awarded

Total shares held after event

% of share capital (Shares with voting rights)

SA Murray

1,025,000

25,000

1,050,000

0.39%

RA Williams

1,092,000

25,000

1,117,000

0.41%

E Carr

25,000

25,000

50,000

0.02%

Following the above transaction and as of the date of this report, the Company's issued share capital amounts to 286,845,657 Ordinary Shares of which a total of 15,125,273 Ordinary Shares are held in Treasury.  Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 271,720,384 Ordinary Shares.

This announcement is released by Sylvania Platinum Limited and contains inside information for the purposes of Article 7 of the MAR (EU) 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Jaco Prinsloo.

CORPORATE INFORMATION

CONTACT DETAILS

For further information, please contact:

Jaco Prinsloo CEO

Lewanne Carminati CFO

+27 11 673 1171

Nominated Adviser and Broker

Liberum Capital Limited

+44 (0) 20 3100 2000

Richard Crawley / Scott Mathieson / Ed Phillips

Communications

Alma PR Limited

+44 (0) 20 3405 0208

Justine James / Helena Bogle / Josh Royston

CONTACT DETAILS

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

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stuart Angus Murray

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

Issue of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

25,000

d)

Aggregated information

-  Aggregated volume

-  Price

n/a Single Transaction

e)

Date of the transaction

7 September 2020

f)

Place of the transaction

Off Market

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roger Alyn Williams

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

Issue of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

25,000

d)

Aggregated information

-  Aggregated volume

-  Price

n/a Single Transaction

e)

Date of the transaction

7 September 2020

f)

Place of the transaction

Off Market

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

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

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

Issue of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

25,000

d)

Aggregated information

-  Aggregated volume

-  Price

n/a Single Transaction

e)

Date of the transaction

7September 2020

f)

Place of the transaction

Off Market

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