TIDMJLP

RNS Number : 4674X

Jubilee Platinum PLC

21 February 2017

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

21 February 2017

Jubilee Platinum PLC

("Jubilee" or "Company")

Exercise of last warrants at the specific issue price

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received the final notification to exercise all outstanding warrants priced at 2.0p and 2.5p being, 625 000 warrants at a price of 2.0p (ZAR32.52c) and 500 000 warrants at a price of 2.5p (ZAR40.65) per warrant share. The exercise of the warrant shares amounts, in aggregate, to a cash value of GBP 25,000 (ZAR 406,500).

The warrant shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 27 February 2017 and will rank pari passu with the ordinary shares of the Company in issue.

The Company's total issued capital, after the issue of the warrant shares, will be 1 042 360 942 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 +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913

Andrew Sarosi

Tel +44 (0)1752 221937

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited

Sharon Owens

Tel +27 (0)11 809 7500

Nominated Adviser

SPARK Advisory Partners Limited

Sean Wyndham-Quin/Mark Brady

Tel: +44 (0)203 368 3555

Broker

Beaufort Securities Limited

Jon Belliss

Tel: +44 (0) 20 7382 8300

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEASAFAELXEFF

(END) Dow Jones Newswires

February 21, 2017 10:15 ET (15:15 GMT)

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