TR-1: Notification of major interest in shares



 

Jubilee Platinum PLC
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
(“Jubilee”)

In accordance with the Disclosure and Transparency Rules in the UK, Jubilee hereby confirms that on 23 April 2014 it received notice that on 22 April 2014 M&G Investment Funds 3 reached the threshold of 9.64%

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Jubilee Platinum Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify): Update to total voting rights figure.
X
3. Full name of person(s) subject to the notification obligation: iii
M&G Investment Funds (3)
4. Full name of shareholder(s) (if different from 3.):iv
State Street Noms Ltd A/C GMIQ
5. Date of the transaction and date on which the threshold is crossed or reached: v
22 April 2014
6. Date on which issuer notified:
23 April 2014
7. Threshold(s) that is/are crossed or reached: vi, vii
See item 13
8. Notified details: A: Voting rights attached to shares viii, ix
Class/type of shares
if possible using the ISIN CODE
Situation previous to the triggering transaction
Resulting situation after the triggering transaction
Number of Shares
Number of Voting Rights
Number of shares
Number of voting rights
% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
GB0031852162
50,855,000
50,855,000
50,555,000
50,555,000
0
9.64%
0
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Expiration date xiii
Exercise/ Conversion Period xiv
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument
Exercise price
Expiration date xvii
Exercise/ Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
50,555,000
9.64%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
With reference to item 3, M&G Investments Funds (3) is an Open Ended Investment Company (OEIC) and is not a Prudential group company and must be separately disclosed.
This OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Ltd has direct fund management control over the shares identified in this notification.
Therefore the 9.64% holding being disclosed in this notification is encompassed in the 9.64% disclosed under The Prudential plc group of companies and is NOT in addition to it.
14. Contact name:
James Todd / Mark Thomas
M&G Investment Management Limited
15. Contact telephone number:
020 7548 2293 / 020 7548 3266

24 April 2014
Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)