For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260302:nRSB8923Ua&default-theme=true
RNS Number : 8923U Sylvania Platinum Limited 02 March 2026
_____________________________________________________________________________________________________________________________
2 March 2026
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Director Dealings
Sylvania (AIM: SLP), the platinum group metals ("PGM"), and emerging Chrome
producer and developer with assets in South Africa, announces that the Company
has been notified of a director share transaction.
On 27 February 2026, Sylvania was informed of the sale of 555,000 ordinary
shares in aggregate in the capital of the Company by the Company's CEO, Jaco
Prinsloo, and his wife, a Person Closely Associated with him for the purposes
of the Market Abuse Regulation. These shares were sold as part of a portfolio
rebalancing exercise.
Following this transaction, Mr Prinsloo holds or is beneficially interested in
1,050,594 Ordinary Shares, equivalent to 0.40% of Ordinary Shares with voting
rights.
Director Shares Beneficially Interested In Shares Sold Price per share Total shares Beneficially Interested In after event % of share capital (Shares with voting rights)
Jaco Prinsloo 1,605,594 555,000 126.5p 1,050,594 0.40%
CONTACT DETAILS
For further information, please contact:
Jaco Prinsloo CEO +27 11 673 1171
Ronel Bosman CFO
Nominated Adviser and Joint Broker
Panmure Liberum Limited +44 (0) 20 3100 2000
Scott Mathieson / John More / Gaya Bhatt
Joint Broker
Joh. Berenberg, Gossler & Co KG, London +44 (0) 20 3207 7800
Jennifer Lee / Ivan Briechle
Communications
BlytheRay +44 (0) 20 7138 3204
Megan Ray / Rachael Brooks sylvania@blytheray.com (mailto: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 (http://www.sylvaniaplatinum.com)
About Sylvania Platinum Limited
Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs")
(platinum, palladium and rhodium) and Chrome 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 is treating a combination of run of mine ("ROM") and historical Chrome
tailings from the JV partner, adding a full margin Chrome concentrate revenue
stream. The Group also holds mining rights for PGM projects in the Northern
Limb of the BIC.
The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jacobus Johannes Prinsloo
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sylvania Platinum Limited
b) LEI 2138005DSKINAZ4OA492
4 Details of the transaction(s): section to be repeated for (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 instrument, type of instrument Ordinary Shares of USD 0.01 each
Identification code
BMG864081044
b) Nature of the transaction Sale of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
126.50p 205,750
d) Aggregated information n/a Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 27 February 2026
f) Place of the transaction Off Market
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
27 February 2026
f)
Place of the transaction
Off Market
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Johanna Magdalena Prinsloo
2 Reason for the notification
a) Position/status Wife of Chief Executive Officer
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Sylvania Platinum Limited
b) LEI 2138005DSKINAZ4OA492
4 Details of the transaction(s): section to be repeated for (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 instrument, type of instrument Ordinary Shares of USD 0.01 each
Identification code
BMG864081044
b) Nature of the transaction Sale of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
126.50p 349,250
d) Aggregated information n/a Single Transaction
- Aggregated volume
- Price
e) Date of the transaction 27 February 2026
f) Place of the transaction Off Market
d)
Aggregated information
- Aggregated volume
- Price
n/a Single Transaction
e)
Date of the transaction
27 February 2026
f)
Place of the transaction
Off Market
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHELLBBQXLEBBB
Copyright 2019 Regulatory News Service, all rights reserved