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Exercise of Warrants

Published: 2022-11-24 10:30:34 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 Warrants

Jubilee Metals Group ("Jubilee" or the “Company" or the ‘Group’), the AIM and Altx traded metals
processing company is announcing that it has received notification from a warrant holder to exercise
8 509 713 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of
6.12 pence (ZAR125 cents) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate,
to a cash value of £0.52 million (ZAR10.65 million).

Following the exercise of the Warrant Shares the warrant holder holds no further warrants. The Warrant
Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or
about 30 November 2022 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 2 689 854 150 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

24 November 2022



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


Jubilee Metals Group PLC
Leon Coetzer
Tel: +27 (0) 11 465 1913


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

Joint Broker - Berenberg
Matthew Armitt/Jennifer Lee/Detlir Elezi
Tel +44 (0) 20 3207 7800
Joint Broker – WHIreland
Harry Ansell/Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618


PR & IR Adviser – Tavistock
Jos Simson/ Gareth Tredway/Charles Vivian
Tel: +44 (0) 207 920 3150

JSE Sponsor to Jubilee




Questco Corporate Advisory Proprietary Limited
Sharon Owens

Tel: +27 (11) 011 9212