REG - Jubilee Metals Group - Directors’ Share Purchases

Jubilee MetalsAnnouncement

29/01/2021 07:00

RNS Number : 2864N
  
Jubilee Metals Group PLC
  
29 January 2021
  
 

 
Jubilee Metals Group Plc
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
 
 
Jubilee Metals Group PLC
("Jubilee" or the "Company")
 
Directors' Share Purchases
 
Jubilee, the AIM and Altx traded metals processing company, was notified on 28 January 2021, that Colin Bird, Non- Executive Chairperson of the Company, purchased 500 000 Jubilee ordinary shares ("Ordinary Shares") of 1 pence each at a price of 10.77 pence (ZAR 223.26 cents) and Leon Coetzer, Chief Executive Officer of the Company purchased 500 000 Ordinary Shares of 1 pence each at a price of 10.90 pence (ZAR 225.96 cents) per Ordinary Share. Following the share purchases, Colin Bird is interested in 500 000 Ordinary Shares, representing approximately 0.022% and Leon Coetzer is interested in 527 810 Ordinary Shares, representing approximately 0.024% of the issued share capital of the Company.
 
Leon Coetzer, CEO, commented: "Along with my Chairperson, I am pleased to be acquiring a further stake in Jubilee at this exciting stage in the Company's development. The strong support we experience from our shareholders, institutional and retail, is an endorsement of Jubilee's developments to date and I am very excited about the future growth and prospects of our Company."
 
 
The Directors' interests in the shares of the Company as of today are as follows:
 
Number of 
ordinary shares                   % 
                




C Bird (Direct)
L Coetzer (Direct)
Dr M Phosa (Indirect)1


500 000
527 810
2 727 384


0.022
0.024
0.122




Total


3 755 194


  0.168




1= Dr Phosa holds his interest in Jubilee through his trust NMP Trust of which he is a trustee.
 
 
29 January 2021
For further information visit www.jubileemetalsgroup.com or contact:
 
Jubilee Metals Group PLC

Colin Bird/Leon Coetzer

Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

Tel: +44 (0) 20 3368 3555
Joint Broker - Shard Capital Partners LLP

Damon Heath/Erik Woolgar

Tel +44 (0) 20 7186 9900
Joint Broker - WHIreland

Harry Ansell/Katy Mitchell

Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618
JSE Sponsor - Sasfin Capital (a member of the Sasfin group)

Sharon Owens

Tel +27 (0) 11 809 7500
PR & IR Adviser - St Brides Partners Limited

Catherine Leftley/Beth Melluish

Tel +44 (0) 20 7236 1177
 
The Company provides the following notifications and public disclosures of the share purchases, in a total of 1 000 000 New Ordinary Shares, 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


Colin Bird




2


Reason for notification




a)


Position / status


Non-executive Chairman




b)


Initial notification
/Amendment


Initial




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 Identification code


Ordinary Shares 
ISIN: GB0031852162




b)


Nature of the transaction


Acquire new shares 




c)


Price(s) and volumes(s)


Acquired 500,000 at 10.77 pence
 




d)


Aggregated information


n/a




e)


Date of the transaction


28 January 2021




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Leon Coetzer




2


Reason for notification




a)


Position / status


Chief Executive Officer 




b)


Initial notification
/Amendment


Initial




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
Identification code


New Ordinary Shares 
ISIN: GB0031852162
 




b)


Nature of the transaction


Acquire new shares 




c)


Price(s) and volumes(s)


Acquired 500,000 at 10.90 pence




d)


Aggregated information


n/a




e)


Date of the transaction


28 January 2021




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:                          Colin Bird
Date of transaction:                        28 January 2021
Number of shares:                          500 000
Price per share:                               10.77 pence/ZAR 223.26 cents
Class of shares:                                Ordinary 
Nature of transaction:                    Purchase of Ordinary Shares on the open market
Nature of interest:                          Direct beneficial
Total value:                                       GBP 53,850 /ZAR 1, 116, 311
 
Company director:                          Leon Coetzer
Date of transaction:                        28 January 2021
Number of shares:                          500 000
Price per share:                               10.90 pence/ZAR 225.96 cents
Class of shares:                                Ordinary 
Nature of transaction:                    Purchase of Ordinary Shares on the open market
Nature of interest:                          Direct beneficial
Total value:                                       GBP 57,531 /ZAR 1,192,624
 

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