Exercise of Warrants


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RNS Number : 9502O
Jubilee Metals Group PLC
12 February 2021
 

Jubilee Metals Group PLC

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

 

Exercise of Warrants

 

Jubilee Metals Group plc (“Jubilee” or “Company”), the AIM and Altx traded metals processing company, announces that it has received notification from a warrant holder to exercise 80 000 existing warrants of the Company, representing 0.004 % of the enlarged issued share capital of Jubilee (“the Warrant Shares”) at a price of 6.12 pence (ZAR 124 cents) per Warrant Share amounting to a cash value of £ 4,896 (ZAR 99,144).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 18 February 2021 and will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued capital, after the issue of the Warrant Shares, will be 2 241 668 079 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.

United Kingdom

12 February 2021

**ENDS**

 

For further information visit www.jubileemetalsgroup.com  or contact:

Jubilee Metals Group PLC

Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913

Nominated Adviser – SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555

Joint Broker – Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel +44 (0) 20 7186 9900

Joint Broker – WHIreland

Harry Ansell/Katy Mitchell

Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618

JSE Sponsor – Sasfin Capital (a member of the Sasfin group)

Sharon Owens
Tel +27 (0) 11 809 7500

PR & IR Adviser – St Brides Partners Limited

Catherine Leftley/Beth Melluish

Tel +44 (0) 20 7236 1177

 

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END