REG - Jubilee Metals Group - Exercise of Warrants

Jubilee MetalsAnnouncement

12/01/2021 15:15

RNS Number : 4376L
  
Jubilee Metals Group PLC
  
12 January 2021
  
 

Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
 
Jubilee Metals Group PLC
("Jubilee" or "the Company" or "the Group")
Exercise of Warrants
Jubilee, the AIM and Altx traded metals processing company wishes to advise Shareholders that the Company has received notification from a warrant holder to exercise 2 083 500 existing warrants, representing 0.10 % of the issued share capital of Jubilee ("the Warrant Shares") at a weighted average price of 3.6 pence (ZAR 75.2 cents) per Warrant Share. The exercise of Warrant Shares amounts to a cash value of £ 74,207 (ZAR 1,553,153). 
The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 18 January 2021 and will rank pari passu with the ordinary shares of the Company in issue. 
Total voting rights 
The Company's total issued capital, after the issue of the Warrant Shares, will be 2 134 704 994 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
12 January 2021
**ENDS**
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

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