REG - Jubilee Metals Group - Director/PDMR Shareholding

Jubilee MetalsAnnouncement

23/07/2024 07:00

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RNS Number : 3680X  Jubilee Metals Group PLC  23 July 2024

Jubilee Metals Group PLC

Registration number: 4459850

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

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

 

Dissemination of a Regulatory Announcement that contains inside information
according to UK Market Abuse Regulations. Not for release, publication, or
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jurisdiction.

 

            Dealing in securities

Jubilee, a leading diversified metals processor in Africa with significant
operations in South Africa and Zambia, was notified on 22 July 2024, that Neal
Reynolds, Chief Financial Officer of the Company, purchased 415 000 Jubilee
ordinary shares ("Ordinary Shares") at an average price of 6.40 pence
(ZAR1.51) per Ordinary Share.

Following this purchase, Neal Reynolds holds 415 000 Ordinary Shares,
representing approximately 0.0138% of the issued share capital of the Company.

 

23 July 2024

 

**ENDS**

For further information visit www.jubileemetalsgroup.com
(http://www.jubileemetalsgroup.com) , follow Jubilee on Twitter
(@Jubilee_Metals) or contact:

Jubilee Metals Group PLC

Leon Coetzer (CEO) /Neal Reynolds (CFO)

Tel: +27 (0) 11 465 1913

 

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 - RBC Capital Markets

Farid Dadashev/Jamil Miah

Tel +44 (0) 20 7653 4000

 

Joint Broker - Zeus Capital

Harry Ansell/Katy Mitchell

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

 

JSE Sponsor - Questco Corporate Advisory Proprietary Limited

Alison McLaren

Tel: +27 (0)11 011 9207

About Jubilee

Jubilee is a low-cost, diversified producer, specialising in the recovery of
metal from previously overlooked resources, such as unprocessed historical
waste rock, run-of-mine materials and tailings in South Africa and Zambia. The
Company's low-capex, modular processing facilities are deployed close to these
various types of material, producing high grade concentrates for sale or
further refining to finished metal at the Company's downstream facilities.
Production currently consists of chrome, copper and platinum group metals
(PGMs). The modular processing facilities offer a platform for growth and the
rapid expansion of its operational footprint. Jubilee's success is derived
from operational excellence, a highly experienced management team and a
pioneering Technical Development Centre.

The Company provides the following notifications and public disclosures of the
share purchases, by persons discharging managerial responsibilities ("PDMRs")
and persons closely associated ("PCA") with them:

 1   Details of the
     person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                                             Neal Reynolds
 2   Reason for notification
 a)  Position / status                                                                                Chief Financial Officer
 b)  Initial notification                                                                             Initial
     /Amendment
 3   Details of the issuer,
     emission allowance market participant, auction platform,
     auctioneer, or auction monitor

 a)  Name                                                                                             Jubilee Metals Group PLC
 b)  LEI                                                                                              2138002XB5DB3B87SH92
 4   Details of the transaction(s):
     section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument                                      Ordinary Shares
     Identification code
     ISIN: GB0031852162
 b)  Nature of the transaction                                                                        Acquire ordinary shares
 c)  Price(s) and volumes(s)                                                                          Acquired 415 000 at a price of 6.40 pence

 d)  Aggregated information                                                                           n/a
 e)  Date of the transaction                                                                          22 July 2024
 f)  Place of the transaction                                                                         London Stock Exchange, AIM Market (XLON)

 

 

In compliance with Rules 3.63 of the JSE Listing Requirements, the following
information is disclosed:

 

 Company director       Neal Reynolds
 Date of transaction    22 July 2024
 Number of shares       415 000
 Price per share        6.40 pence/ZAR 1.51
 Class of shares        Ordinary
 Nature of transaction  Purchase of Ordinary Shares on the open market
 Nature of interest     Direct beneficial
 Total value            GBP 26 560 / ZAR 626 550

 

 

 

 

 

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