Share Buyback Update
Sylvania completes share buyback programme, repurchasing 1,204,433 shares for £1.11m.
- Shares repurchased 1,204,433
- Average price paid 92.23p
- Total consideration £1,110,897.97
- Shares held in Treasury 13,855,358
- Voting shares remaining 257,806,367
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Sylvania (AIM: SLP), the platinum group metals ("PGM") and emerging Chrome producer and developer with assets in South Africa, announces that the Company has purchased the following number of its ordinary shares of $0.01 each ("Ordinary Shares") through Panmure Liberum Limited on 28 October 2026.
| Date of Purchase | Number of Ordinary Shares purchased | Weighted average price paid (p) | Lowest price paid (p) | Highest price paid (p) |
|---|---|---|---|---|
| 28 Oct 2026 | 65,433 | 94.08 | 93.40 | 94.50 |
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 13,855,358 Ordinary Shares, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 257,806,367 Ordinary Shares.
Following the above purchase of shares, the Company announces that it has now completed its Share Buyback Programme launched on 15 September 2026, to acquire up to a maximum aggregate consideration of $1.5 million.
In total, the Group repurchased 1,204,433 ordinary shares at an average price of 92.23 pence, for a total consideration of £1,110,897.97.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.