REG - Jubilee Metals Group - Exercise of Warrants

Jubilee MetalsAnnouncement

26/07/2022 07:00

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RNS Number : 6769T  Jubilee Metals Group PLC  26 July 2022

Jubilee Metals Group PLC

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("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
distribution in whole or in part in, into or from any jurisdiction where to do
so would constitute a violation of the relevant laws or regulations of such
jurisdiction.

 

Exercise of Warrants

Jubilee, the AIM and Altx traded metals processing company announces that it
has received notification from two warrant holders to exercise existing
warrants to subscribe for 1 464 156 new ordinary shares of the Company ("the
Warrant Shares"), representing approximately 0.06% of the enlarged issued
share capital of Jubilee, at a price of 6.12 pence (ZAR 1.23 cents) per
Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash
value of £ 89 606 (ZAR 1 806 222).

The Warrant Shares are expected to be admitted to trading on AIM and listed on
the Altx of the JSE Limited on or about 1 August 2022 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 2 658 515 526 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

26 July 2022

 

For further information visit www.jubileemetalsgroup.com
(http://www.jubileemetalsgroup.com)   or contact:

 

Jubilee Metals Group PLC

Leon Coetzer

Tel:  +27 (0) 11 465 1913

 

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

Tel: +44 (0) 20 3368 3555

 

Joint Broker - Berenberg

Matthew Armitt/Jennifer Lee/Detlir Elezi

Tel +44 (0) 20 3207 7800

 

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 - Questco Corporate Advisory Proprietary Limited

Sharon Owens

Tel: +27 (11) 011 9212

 

PR & IR Adviser - Tavistock

Jos Simson/ Gareth Tredway/Charles Vivian

Tel: +44 (0) 207 920 3150

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