Share Buyback Update
Company purchased 70,000 ordinary shares at 58.0 pence per share for treasury.
- Shares purchased 70,000
- Average purchase price 58.0 pence
- Total cost £40,600
- Shares in Treasury 12,825,211
- Voting shares in issue 262,550,514
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Share Buyback
Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces that the Company has, on 18 March 2024, acquired 70,000 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares") from the market at an average price of 58.0 pence per Ordinary Share, placed into Treasury pending cancellation.
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital is 275,375,725 Ordinary Shares. Following the above purchase, a total of 12,825,211 Ordinary Shares, including 1,060,000 pending cancellation, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 262,550,514 Ordinary Shares.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.