REG - Jubilee Metals Group - Capital Reduction Court Approval

Jubilee MetalsAnnouncement

29/04/2026 07:00

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RNS Number : 2941C  Jubilee Metals Group PLC  29 April 2026

Jubilee Metals Group PLC

Registration number: 4459850

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

('Jubilee' or 'the Company' or 'the Group')

 

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Capital Reduction Court Approval

 

Jubilee, the integrated copper producer and resource developer in Zambia, is
pleased to announce that the High Court of Justice, at a confirmation hearing
held yesterday 28 April 2026, has approved the Company's application to reduce
the share premium account of the Company (Capital Reduction).

 

Details of the Capital Reduction were set out in the Notice of General Meeting
published by the Company on 23 March 2026, and it was approved at the general
meeting of the Company held on 8 April 2026.

 

The Capital Reduction will become effective when the order of the Court
confirming the Capital Reduction and the statement of capital approved by the
Court are registered by the Registrar of Companies.

 

 

29 April 2026

 

For more information contact:

 

Jubilee Metals Group PLC

Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD)

Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546

 

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

Tel: +44 (0) 20 3368 3555

 

PR & IR Adviser - Tavistock

Jos Simson/Gareth Tredway

Tel: +44 (0) 207 920 3150

 

Joint Broker - Zeus Capital

Harry Ansell/Katy Mitchell

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

 

Joint Broker - Shard Capital Partners LLP

Erik Woolgar/Gareth Burchell

Tel +44 (0) 207 1869900

 

JSE Sponsor - Questco Corporate Advisory Proprietary Limited

Alison McLaren

Tel: +27 63 482 3802

 

About Jubilee Metals Group

 

Jubilee Metals, listed on AIM and the Altx of the JSE, is a copper producer
focused on building a world-class integrated copper business in Zambia. The
Company aims to reach 25 000 tonnes per annum of copper production by
integrating exploration, mining, concentrating and refining through its
three-pillar strategy, combining the Roan concentrator, the Sable refinery and
regional mining assets and the Large Waste Rock Project. Led by an experienced
team, Jubilee applies innovative technologies to transform previously
underutilised materials into value while supporting circular resource use and
strong environmental stewardship.

 

For more information, please visit www.jubileemetalsgroup.com and follow
Jubilee on X at @Jubilee_Metals

 

 

 

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