REG - Jubilee Metals Group - Results of GM & Proposed Capital Reduction

Jubilee MetalsAnnouncement

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RNS Number : 6924Z  Jubilee Metals Group PLC  08 April 2026

Jubilee Metals Group PLC

Registration number: 4459850

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

('Jubilee' or 'the Company' or 'the Group')

 

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Results of General Meeting

Proposed Capital Reduction

 

Jubilee, the integrated copper producer and resource developer in Zambia,
announces the results of the General Meeting held today 8 April 2026.
Resolution 2, an ordinary resolution to grant the directors authority to allot
shares in the Company and to grant rights to subscribe for or convert any
security into shares in the Company was withdrawn as was resolution 3, a
special resolution to dis-apply pre-emption rights in relation to the
allotment of equity securities for cash.

Resolution 1, a special resolution to reduce the share premium account of the
Company (Capital Reduction) was passed with the requisite majority votes
(refer to the announcement dated 23 March 2026). Of the total votes cast,
98.42% voted in favour of the resolution. The votes cast represented 35.03% of
the Company's total voting rights.

 

The Company will now apply to the Court for confirmation of the Capital
Reduction. The Capital Reduction will only become effective if the Court
confirms the Capital Reduction and the order of the Court confirming the
Capital Reduction is delivered to, and registered by, the Registrar of
Companies in England and Wales.

 

EXPECTED TIMETABLE OF REMAINING PRINCIPAL EVENTS

 Final hearing and confirmation of the Capital Reduction by Court  28 April 2026
 Capital Reduction becomes effective                               29 April 2026

 

The person responsible for the release of this announcement is Jonathan
Morley-Kirk, Finance Director.

 

8 April 2026

For more information contact:

 

Jubilee Metals Group PLC

Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD)

Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546

 

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

Tel: +44 (0) 20 3368 3555

 

PR & IR Adviser - Tavistock

Jos Simson/Gareth Tredway

Tel: +44 (0) 207 920 3150

 

Joint Broker - Zeus Capital

Harry Ansell/Katy Mitchell

Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618

 

Joint Broker - Shard Capital Partners LLP

Erik Woolgar/Gareth Burchell

Tel +44 (0) 207 1869900

 

JSE Sponsor - Questco Corporate Advisory Proprietary Limited

Alison McLaren

Tel: +27 63 482 3802

 

About Jubilee Metals Group

 

Jubilee Metals, listed on AIM and the Altx of the JSE, is a copper producer
focused on building a world-class integrated copper business in Zambia. The
Company aims to reach 25 000 tonnes per annum of copper production by
integrating exploration, mining, concentrating and refining through its
three-pillar strategy, combining the Roan concentrator, the Sable refinery and
regional mining assets and the Large Waste Rock Project. Led by an experienced
team, Jubilee applies innovative technologies to transform previously
underutilised materials into value while supporting circular resource use and
strong environmental stewardship.

 

For more information, please visit www.jubileemetalsgroup.com and follow
Jubilee on X at @Jubilee_Metals

 

 

 

 

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