Jubilee in Preliminary Discussions and Cautionary

RNS Number : 0037H

Jubilee Platinum PLC

20 May 2011

 



AIM: JLP

JSE: JBL

Registration number: 4459850

ISIN: GB0031852162

JUBILEE PLATINUM PLC

("Jubilee" or "the Company")

JUBILEE IN PRELIMINARY DISCUSSIONS AND CAUTIONARY ANNOUNCEMENT

Jubilee announces that it has received an approach and held preliminary discussions regarding the making of a possible offer for the Company.  At this stage there is no certainty that an offer will be made or as to the terms of any offer.

Jubilee is centrally managed and controlled outside of the United Kingdom, Channel Islands and Isle of Man and is not subject to the City Code on Takeovers and Mergers.

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that Jubilee is required to follow the Listings Requirements of the JSE Limited as its primary regulator and the Takeover Regulations of the Takeover Regulation Panel . Accordingly shareholders are advised to exercise caution when dealing in their shares until a further announcement is made.

For further information please contact:

Colin Bird/Leon Coetzer

Jubilee Platinum plc

Tel [phone] / Tel [phone]

Matthew Robinson/Ed Frisby/Ben Thompson - Corporate Finance

finnCap Ltd

Tel [phone]

Michael Kinirons/Nick Rome

Bishopsgate Communications Ltd

Tel [phone]

Johannesburg

Sponsor

Sasfin Capital

(A division of Sasfin Bank Ltd)

20 May 2011

 

END

 

 

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