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Share Buyback

24th Mar 2026 07:00

RNS Number : 8551X
Sylvania Platinum Limited
24 March 2026
 

_____________________________________________________________________________________________________________________________

 

24 March 2026

 

 

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

 

 

Share Buyback

 

 

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 23 March 2026, acquired 150,000 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from the market at an average price of 84.25 pence per Ordinary Share, placed into Treasury.

 

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 purchase, a total of 11,952,534 Ordinary Shares, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 259,709,191 Ordinary Shares.

 

 

CONTACT DETAILS

 

For further information, please contact:

Jaco Prinsloo CEO

Ronel Bosman CFO

+27 11 673 1171

 

Nominated Adviser and Broker

Panmure Liberum Limited

Scott Mathieson / John More / Gaya Bhatt

+44 (0) 20 3100 2000

 

Joint Broker 

 

Joh. Berenberg, Gossler & Co KG, London

Jennifer Lee / Ivan Briechle

 

 

 

 

+44 (0) 20 3207 7800

Communications

 

BlytheRay

Megan Ray / Rachael Brooks

 

 

 

+44 (0) 20 7138 3204

 

 

 

 

 

CORPORATE INFORMATION

 

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

 

 

 

About Sylvania Platinum Limited

 

 

Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs") (platinum, palladium and rhodium) 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 which will treat a combination of run of mine ("ROM") and historical chrome tailings from the JV partner, adding a full margin chromite concentrate revenue stream. The Group also holds mining rights for PGM projects in the Northern Limb of the BIC.

 

 

For more information visit https://www.sylvaniaplatinum.com/

 

 

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