Picture of Jubilee Metals logo

JLP Jubilee Metals News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsSpeculativeSmall CapNeutral

REG - Jubilee Platinum PLC - Exercise of Warrants <Origin Href="QuoteRef">JLP.L</Origin>

RNS Number : 8710C
Jubilee Platinum PLC
20 October 2015

Jubilee PlatinumPLC

Registration number:4459850

AltX share code:JBL

AIM share code:JLP

ISIN:GB0031852162

("Jubilee" or the"Company")

20 October 2015

Exercise ofWarrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that is hastoday received notification from a warrant holder to exercise 5 160 000 existing warrants in theissuedshare capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR64.18c) perWarrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP163 043 (ZAR3.3million).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of theJSELimited on or about 26 October 2015 and will rank pari passu with the ordinary shares ofthe Company inissue.

Total votingrights

The Company's total issued capital, after the issue of the Warrant Shares, will be 893 157 770 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be usedby shareholders in the Company as the denominator for the calculations by which they will determineif they are required to notify their interest in, or a change to their interest in, the share capital ofthe Company followingAdmission.

Contacts

Jubilee Platinumplc

Colin Bird/LeonCoetzer

Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 4651913

AndrewSarosi

Tel +44 (0) 1752221937

NominatedAdviser

SPARK Advisory PartnersLimited

Sean Wyndham-Quin / MarkBrady

Tel: +44 (0)203 3683555

Brokers

Beaufort SecuritiesLimited

Elliot Hance- CorporateBroking

Tel +44 (0) 20 73828416

JSESponsor

Sasfin Capital, a division of Sasfin BankLimited

SharonOwens

Tel +27 (0) 11 8097500


This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCMMBITMBBTBIA

Recent news on Jubilee Metals

See all news