Jubilee Metals Group PLC Exercise of Warrants (5308N)
January 23 2023 - 3:00AM
UK Regulatory
TIDMJLP
RNS Number : 5308N
Jubilee Metals Group PLC
23 January 2023
Jubilee Metals Group PLC
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or "the Company" or "the Group")
Dissemination of a Regulatory Announcement that contains inside
information according to UK Market Abuse Regulations. Not for
release, publication or distribution in whole or in part in, into
or from any jurisdiction where to do so would constitute a
violation of the relevant laws or regulations of such
jurisdiction.
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
366 385 existing warrants in the issued share capital of Jubilee
("the Warrant Shares") at a price of 6.12 pence (ZAR 1.30 cents)
per Warrant Share. The exercise of Warrant Shares amounts, in
aggregate, to a cash value of GBP 0.022 million (ZAR 0.48
million).
The Warrant Shares are expected to be admitted to trading on AIM
and listed on the Altx of the JSE Limited on or about Friday, 27
January 2023 and will rank pari passu with the ordinary shares of
the Company in issue.
Following this warrant exercise all warrants issued at 6.12
pence have either been exercised or have expired.
Total voting rights
The Company's total issued capital, after the issue of the
Warrant Shares, will be 2 727 379 981 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
23 January 2023
For further information visit www.jubileemetalsgroup.com or contact:
Jubilee Metals Group PLC
Leon Coetzer
Tel: +27 (0) 11 465 1913
Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
Joint Broker - Berenberg
Matthew Armitt/Jennifer Lee/Detlir Elezi
Tel +44 (0) 20 3207 7800
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 - Questco Corporate Advisory Proprietary Limited
Sharon Owens
Tel: +27 (11) 011 9212
PR & IR Adviser - Tavistock
Jos Simson/ Gareth Tredway/Charles Vivian
Tel: +44 (0) 207 920 3150
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END
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