Exercise of Warrants

RNS Number : 3683W

Jubilee Platinum PLC

18 August 2015

 

Registration number (4459850)                                          

AltX share code: JBL

AIM share code: JLP  

ISIN: GB0031852162                                 

18 August 2015

Jubilee Platinum PLC

("Jubilee" or the "Company")

Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that 10 million warrants in the issued share capital of Jubilee ("the Shares") were exercised at an average exercise price of 2.625p (ZAR 52.50c) per share calculating to a cash value of GBP 262,500 (ZAR 5.25 million).

The Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited  on or about  24 August 2015 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 Shares, will be 876,148,068 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.

Contacts

Jubilee Platinum plc                         

Colin Bird/Leon Coetzer                  

Tel [phone] / Tel [phone]

Andrew Sarosi         

Tel [phone]   

Nominated Adviser

SPARK Advisory Partners Limited

Sean Wyndham-Quin

Mark Brady

Tel: [phone]

Broker

Beaufort Securities Limited  

Jon Belliss

Tel [phone]

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens

Tel [phone]

 

END

 

 

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