Jubilee Platinum PLC Exercise of Warrants (7362W)
February 13 2017 - 6:45AM
UK Regulatory
TIDMJLP
RNS Number : 7362W
Jubilee Platinum PLC
13 February 2017
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
13 February 2017
Jubilee Platinum PLC
("Jubilee" or "Company")
Exercise of Warrants
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals
specialist announces that it has received notification from a
warrant holder to exercise 2 000 000 existing warrants in the
issued share capital of Jubilee ("the Warrant Shares") at a price
of 3.15975p (ZAR52.70c) per Warrant Share. The exercise of Warrant
Shares amounts,
in aggregate, to a cash value of GBP 63,195.00 (ZAR 1,054,092.60).
The warrant holder holds a further 1 450 000 warrants priced at
3.15975p expiring 21 February 2017. The Warrant Shares are expected
to be admitted to trading on AIM and listed on the AltX of the JSE
Limited on or about 17 February 2017 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 1 039 785 942 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
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