Share Buyback
Company acquired 286,000 ordinary shares on 26 March 2024 for placement in Treasury pending cancellation.
- Shares acquired 286,000
- Market purchase price 58 pence per share (prior 120,000 shares)
- Employee purchase price 54.95 pence per share (prior 166,000 shares)
- Voting shares after purchase 261,881,514
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Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces that the Company has, on 26 March 2024, acquired 286,000 Ordinary Shares of $0.01 each in the Company ("Ordinary Shares"), placed into Treasury pending cancellation.
Of the shares purchased on 26 March 2024, 120,000 were purchased from the market at an average price of 58 pence per ordinary share. The remaining 166,000 were purchased from employees at the 30-day VWAP price of 54.95 pence per Ordinary Share, calculated at the close of business on 25 March 2024.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.