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28 October 2021
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
Sylvania (AIM: SLP) announces that it was notified on 26 October 2021 of the following transactions by Eileen Carr, Non-Executive Director:
- The sale of 18,689 ordinary shares of $0.01 each in the Company ("Ordinary Shares") at 106.0 pence per Ordinary Share; and
- the subsequent purchase of 18,689 Ordinary Shares for her Individual Savings Account ("ISA") at 106.2 pence per Ordinary Share.
Following these two transactions, her shareholding in the Company remains at 50,000 Ordinary Shares, representing 0.02% of the total number of Ordinary Shares with voting rights.
CONTACT DETAILS
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For further information, please contact: |
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Jaco Prinsloo CEO Lewanne Carminati CFO |
+27 11 673 1171 |
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Nominated Adviser and Broker |
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Liberum Capital Limited |
+44 (0) 20 3100 2000 |
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Richard Crawley / Scott Mathieson / Ed Phillips |
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Communications |
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Alma PR Limited |
+44 (0) 20 3405 0208 |
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Justine James / Harriet Jackson / Faye Calow |
sylvania@almapr.co.uk |
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 |
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Sylvania Website : www.sylvaniaplatinum.com
About Sylvania Platinum Limited
Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.
For more information visit https://www.sylvaniaplatinum.com/
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse regulation (EU) no.596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.
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.
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 |
Eileen Carr |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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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 |
26 October 2021 |
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f) |
Place of the transaction |
London Stock Exchange |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Eileen Carr (ISA) |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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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 |
Purchase 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 |
26 October 2021 |
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f) |
Place of the transaction |
London Stock Exchange |
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