Try our mobile app

Exercise of warrants

Published: 2023-05-04 17:31:28 ET
<<<  go to JSE:JBL company page
 Jubilee Metals Group Plc
 Registration number (4459850)
 Altx share code: JBL
 AIM share code: JLP
 ISIN: GB0031852162
 ("Jubilee" or the "Company” or the “Group”)

Dissemination of a Regulatory Announcement that contains inside information according to UK
Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or
from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations
of such jurisdiction.
Exercise of Options

Jubilee Metals Group PLC, a leader in diversified metals processing, with operations in Africa (AIM:
JLP/Altx: JBL), announces the issue of 10 750 000 new ordinary shares following the exercise of options
(the “Option Shares"). The Option Shares have been exercised at an average price of 4.97 pence (ZAR
114 cents) per Option Share.

The Option Shares are issued as fully paid and rank pari passu in all respects with the existing ordinary
shares, including the right to receive all dividends and other distributions declared on or after the date
on which they are issued.

Admission and Total Voting Rights

The Option Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE
Limited on or about 11 May 2023 (“Admission”) 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 Option Shares, will be 2 738 129 981 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
4 May 2023

FOR FURTHER INFORMATION VISIT WWW.JUBILEEMETALSGROUP.COM OR PLEASE CONTACT:

 Jubilee Metals Group PLC                                      Tel: +27 (0) 11 465 1913
 Leon Coetzer
 PR & IR Adviser – Tavistock                                   Tel: +44 (0) 20 7920 3150
 Jos Simson/ Gareth Tredway
 Nominated Adviser – SPARK Advisory Partners Limited           Tel: +44 (0) 20 3368 3555
 Andrew Emmott/ James Keeshan
 Joint Broker – Berenberg                                      Tel: +44 (0) 20 3207 7800
 Matthew Armitt/ Jennifer Lee/ Detlir Elezi
 Joint Broker – WHIreland                                      Tel: +44 (0) 20 7220 1670/
 Harry Ansell/ Katy Mitchell                                   +44 (0) 113 394 6618

JSE Sponsor to Jubilee
Questco Corporate Advisory Proprietary Limited
Alison McLaren
T: +27 (11) 011 9207