REG - Jubilee Metals Group - Exercise of Warrants

Jubilee MetalsAnnouncement

04/11/2022 07:00

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RNS Number : 3422F  Jubilee Metals Group PLC  04 November 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 is announcing that
it has received notification from a warrant holder to exercise 2 500 000
existing warrants in the issued share capital of Jubilee ("the Warrant
Shares") at a price of 3.375 pence (ZAR70.67 cents) per Warrant Share. The
exercise of Warrant Shares amounts, in aggregate, to a cash value of £0.08
million (ZAR1.7 million).

The Warrant Shares are expected to be admitted to trading on AIM and listed on
the Altx of the JSE Limited on or about 10 November 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 2 676 684 838 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

04 November 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 - 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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