REG - Jubilee Metals Group - Directorate Change

Jubilee MetalsAnnouncement

14/04/2025 07:00

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RNS Number : 7645E  Jubilee Metals Group PLC  14 April 2025

Jubilee Metals Group PLC

Registration number: 4459850

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

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

Changes to the Board of Directors

Jubilee, a diversified metals processor in Africa, with copper operations in
Zambia and chrome and PGM operations in South Africa, announces that Mr Ollie
Oliveira has notified the Company of his intention to retire from his position
as chairperson and non-executive director with effect from 30 April 2025.

Mr Oliveira will be succeeded by Dr Mathews Phosa, currently vice-chairperson
of the Board. Dr Phosa will also assume Mr Oliveira's roles as member of both
the Audit and Risk Committee as well as the Remuneration Committee of the
Board with immediate effect.

Jubilee also announces that the interim Finance Director, Jonathan
Morley-Kirk, has been appointed in a permanent position, effective
immediately.

Statement from the outgoing chairperson, Ollie Oliveira:

"I would like to record my heartfelt thanks to the management and staff for
their strong and constant dedication to the Company in what has proven to be
very challenging circumstances in the industry and the region.

To my fellow board members, I extend my gratitude for their commitment,
collaboration, and invaluable insights. Your support and dedication have been
instrumental in guiding the Company through times of both opportunity and
challenge."

Statement from Leon Coetzer, Chief Executive Officer:

"I would like to take this opportunity to express my sincere gratitude to
Ollie Oliveira for his outstanding leadership and support during his tenure as
chairperson. Ollie's leadership steered the Company through times faced with
both opportunities and challenges. I wish him all the best in his future
endeavours.

I am also delighted to welcome Dr Phosa as the new incoming chairperson. I am
confident his leadership, deep industry knowledge and experience recognised
especially within the African continent is invaluable as we continue to
navigate the evolving landscape of our industry."

Statement from the incoming chairperson, Dr Mathews Phosa:

"It is both an honour and a privilege to step into the role of Chairperson at
Jubilee. I would like to express my sincere gratitude to Ollie for his
exceptional leadership and dedication. Under his stewardship, Jubilee has
built a solid foundation upon which it will continue to grow.

As I take on this responsibility, I do so with a deep sense of commitment to
the values and principles that have shaped the Company's journey. Jubilee
prides itself for its innovation, integrity, and the ability to adapt to an
ever-changing market. Together, Jubilee will navigate these changes with a
clear focus on sustainability, innovation and sound governance. I look forward
to engaging with all stakeholders to ensure that we continue to drive positive
change and lasting success for the business."

 

United Kingdom

14 April 2025

 

For further information visit www.jubileemetalsgroup.com
(http://www.jubileemetalsgroup.com) , follow Jubilee on X (@Jubilee_Metals) or
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 - 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 63 482 3802

 

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