REG - Jubilee Metals Group - Exercise of Options

Jubilee MetalsAnnouncement

04/05/2023 15:30

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RNS Number : 4726Y  Jubilee Metals Group PLC  04 May 2023

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

Jubilee Metals Group PLC

("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
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jurisdiction.

 

Exercise of Options

 

Jubilee Metals Group PLC, a leader in diversified metals processing, with
operations in Africa (AIM: JLP/Altx: JBL), announces the issue of 10 750 000
new ordinary shares following the exercise of options (the "Option Shares").
The Option Shares have been exercised at an average price of 4.97 pence (ZAR
114 cents) per Option Share.

 

The Option Shares are issued as fully paid and rank pari passu in all respects
with the existing ordinary shares, including the right to receive all
dividends and other distributions declared on or after the date on which they
are issued.

 

Admission and Total Voting Rights

 

The Option Shares are expected to be admitted to trading on AIM and listed on
the Altx of the JSE Limited on or about 11 May 2023 ("Admission") and will
rank pari passu with the ordinary shares of the Company in issue.

 

The Company's total issued capital, after the issue of the Option Shares, will
be 2 738 129 981 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

4 May 2023

 

FOR FURTHER INFORMATION VISIT WWW.JUBILEEMETALSGROUP.COM
(http://WWW.JUBILEEMETALSGROUP.COM) OR PLEASE CONTACT:

 

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

 Leon Coetzer
 PR & IR Adviser - Tavistock                          Tel: +44 (0) 20 7920 3150

 Jos Simson/ Gareth Tredway
 Nominated Adviser - SPARK Advisory Partners Limited  Tel: +44 (0) 20 3368 3555

 Andrew Emmott/ James Keeshan
 Joint Broker - Berenberg                             Tel: +44 (0) 20 3207 7800

 Matthew Armitt/ Jennifer Lee/ Detlir Elezi
 Joint Broker - WHIreland                             Tel: +44 (0) 20 7220 1670/

 Harry Ansell/ Katy Mitchell                           +44 (0) 113 394 6618
 JSE Sponsor - Questco Corporate Advisory Pty Ltd     Tel: +27 (0) 11 011 9207

 Alison McLaren

 

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