21 Feb Exercise of last warrants at specific issue price
Jubilee Platinum PLC
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
(“Jubilee” or “the Company”)
Exercise of last warrants at specific issue price
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received the final notification to exercise all outstanding warrants priced at 2.0p and 2.5p being, 625 000 warrants at a price of 2.0p (ZAR32.52c) and 500 000 warrants at a price of 2.5p (ZAR40.65) per warrant share. The exercise of the warrant shares amounts, in aggregate, to a cash value of £ 25,000 (ZAR 406,500).
The warrant shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 27 February 2017 and will rank pari passu with the ordinary shares of the Company in issue.
The Company’s total issued capital, after the issue of the warrant shares, will be 1 042 360 942 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company following Admission.
Jubilee Platinum plc
Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Tel +44 (0)1752 221937
Sasfin Capital, a division of Sasfin Bank Limited
Tel +27 (0)11 809 7500
SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: +44 (0)203 368 3555
Beaufort Securities Limited
Tel: +44 (0) 20 7382 8300