Jubilee Metals Group PLC Exercise of Options (0483O)
February 04 2021 - 8:30AM
UK Regulatory
TIDMJLP
RNS Number : 0483O
Jubilee Metals Group PLC
04 February 2021
This announcement contains inside information as stipulated
under the UK version of the Market Abuse Regulation No 596/2014
which is part of English Law by virtue of the European (withdrawal)
act 2018, as amended. On publication of this announcement via a
regulatory information service, this information is considered to
be in the public domain.
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
Jubilee Metals Group PLC
("Jubilee" or "the Company" or "the Group")
Exercise of Options
Jubilee announces that it has received notification from an
employee to exercise 3 000 000 options in the Company (the "Option
Shares"). Under the Share Option Scheme the employee has elected to
acquire and retain the Option Shares. The Option Shares have been
exercised at price of 6 pence (ZAR 123 cents) per Option Share
amounting to a cash value of GBP 180,000 (ZAR 3.7 million).
Admission and Total Voting Rights
The Option Shares are expected to be admitted to trading on AIM
and listed on the Altx of the JSE Limited on or about 10 February
2021 ("Admission") 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
Option Shares, will be 2 241 588 079 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
4 February 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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