Jubilee Metals Group PLC Exercise of Warrants (6824K)
January 06 2021 - 2:00AM
UK Regulatory
TIDMJLP
RNS Number : 6824K
Jubilee Metals Group PLC
06 January 2021
Jubilee Metals Group PLC
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or "the Company" or "the Group")
Exercise of Warrants
Jubilee Metals Group ("Jubilee" or the "Company" or the 'Group')
, the AIM and Altx traded metals processing company is announcing
that it has received notification from a warrant holder to exercise
19 417 476 existing warrants of the Company, representing 0.9 % of
the enlarged issued share capital of Jubilee ("the Warrant Shares")
at a price of 3.375 pence (ZAR 68.92 cents) per Warrant Share. The
exercise of Warrant Shares amounts, in aggregate, to a cash value
of GBP 655,340 (ZAR 13,382,039).
The Warrant Shares are expected to be admitted to trading on AIM
and listed on the Altx of the JSE Limited on or about 12 January
2021 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
Warrant Shares, will be 2 132 621 494 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.
United Kingdom
6 January 2021
**ENDS**
For further information visit www.jubileemetalsgroup.com or contact:
Jubilee Metals Group PLC
Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
Joint Broker - Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel +44 (0) 20 7186 9900
Joint Broker - WHIreland
Harry Ansell/Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618
JSE Sponsor - Sasfin Capital (a member of the Sasfin group)
Sharon Owens
Tel +27 (0) 11 809 7500
PR & IR Adviser - St Brides Partners Limited
Catherine Leftley/Beth Melluish
Tel +44 (0) 20 7236 1177
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END
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