Sylvania (AIM: SLP), the platinum group metals ('PGM') producer and developer with assets in South Africa, announces that the Company has, on 14 June 2023, acquired 77,470 Ordinary Shares of $0.01 each in the Company ('Ordinary Shares') from the market at an average price of 79.47 pence per Ordinary Share, placed into Treasury pending cancellation.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following the purchase of these shares, the Company's issued share capital is 279,000,000 Ordinary Shares. A total of 13,193,832 Ordinary Shares, including 878,371 pending cancellation, are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 265,806,168 Ordinary Shares.

Contact:

Tel: +27 11 673 1171

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. The Group also holds mining rights for PGM projects in the Northern Limb of the Bushveld Complex.

(C) 2023 Electronic News Publishing, source ENP Newswire