Sylvania Platinum Limited Notice of Transaction by PDMR (2249T)
13 November 2023 - 8:00AM
UK Regulatory
TIDMSLP
RNS Number : 2249T
Sylvania Platinum Limited
13 November 2023
_____________________________________________________________________________________________________________________________
13 November 2023
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Notification of transaction by persons discharging managerial
responsibilities and persons closely associated
Sylvania (AIM: SLP) the platinum group metals ("PGM") producer
and developer, with assets in South Africa, announces that it was
notified on 10 November 2023 of the following transaction by Adrian
Reynolds, Non-Executive Director:
-- The purchase of 10,000 ordinary shares of $0.01 each in the
Company ("Ordinary Shares") at 66.07 pence per Ordinary Share on 10
November 2023.
Following this transaction, his shareholding in the Company
totals 50,000 Ordinary Shares, representing 0.02% of the total
number of Ordinary Shares with voting rights.
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
/ Kane Collings
Communications
BlytheRay +44 (0) 20 7138 3205
Tim Blythe / Megan Ray sylvania@BlytheRay.com
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 (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.
Additionally, the Thaba JV comprises chrome beneficiation and PGM
processing plants, treating a combination of 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 Bushveld Complex
For more information visit https://www.sylvaniaplatinum.com/
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Adrian Reynolds
--------------------------------- ------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status Non-Executive Director
--------------------------------- ------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------------- ------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Sylvania Platinum Limited
--------------------------------- ------------------------------------
b) LEI 2138005DSKINAZ4OA492
--------------------------------- ------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary Shares of USD 0.01 each
instrument, type of
instrument
BMG864081044
Identification code
--------------------------------- ------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
--------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
66.07p 10,000
----------
--------------------------------- ------------------------------------
d) Aggregated information n/a Single Transaction
* Aggregated volume
* Price
--------------------------------- ------------------------------------
e) Date of the transaction 10 November 2023
--------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------- ------------------------------------
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END
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