Jubilee Metals
Group PLC
Registration
number (4459850)
AIM share
code: JLP
Altx share
code: JBL
ISIN:
GB0031852162
("Jubilee" or
"the Company" or "the Group")
Board changes
Jubilee Metals is pleased to announce the
appointment of Jonathan (Jonny) Morley-Kirk
as Board Director. Additionally, the Company confirms the
appointment of Dr Reuel Khoza as a Board
Director, following the announcement made on 19 September 2024.
Both appointments are effective immediately.
Jonathan has also been appointed as the interim
Finance Director of the Company, effective immediately, until a new
Group CFO is appointed. At that time, Jonathan will transition to a
non-executive role on the Jubilee Board. He will be largely based
at the South African and Zambian offices of Jubilee. During this
interim phase, Jonathan will support the Board, particularly the
CEO, in engaging with shareholders and advancing the implementation
of decentralised executive boards for the Company's operations in
Zambia and South Africa, in alignment with the enhanced governance
structures.
Jonathan qualified as a Chartered Accountant in
1986 and held directorial positions at Samuel Montagu & Co and
SG Warburg Securities in London before moving to Jersey in 1995.
Jonathan has over 30 years' experience in senior finance roles in
public and private companies, mainly focused on natural resources
in developing economies, including CFO roles at Longreach Oil &
Gas Ltd (TSX-listed) and Jersey Oil & Gas (E&P) Ltd (before
its sale to AIM-listed Trap Oil plc).
He is currently a non-executive director of
Clean Tech Lithium PLC, Bluebird Mining Ventures Limited and Amala
Foods PLC, as well as at a number of investment companies and
investment funds. Jonathan has previously served as a
non-executive director of various listed companies, including
Cardinal Resources PLC and East Siberian PLC. He has also acted as
interim CFO at a number of private and public companies and has
extensive experience managing multi-jurisdiction projects,
different teams and governance environments, as well as investor
relations.
Leon Coetzer,
CEO of Jubilee commented:
"I am delighted that both Reuel and Jonathan
have joined our Board, and particularly pleased that we can tap
into Jonathan's extensive executive experience of financial
leadership within rapidly growing, listed resource companies,
during his role as Jubilee's interim Finance Director."
Regulatory disclosures
Jonathan Morley-Kirk
The following details in relation to
the appointment of Jonathan (Jonny) Charles Rowell Morley-Kirk,
aged 63, are disclosed in accordance with Schedule 2(g) of the AIM
Rules for Companies:
|
Current
directorships
|
Former directorships within
the past five years
|
|
Amala Foods PLC
|
Fox Davies Capital Holdings Jersey
Limited
|
|
Bluebird Mining Ventures
Ltd
|
Fox Davies Capital (DIFC)
Ltd
|
|
Clean Tech Lithium PLC
|
Kalahari Opportunities
Limited
|
|
Northglen Opportunities
Fund
|
BlueGold Jersey Limited
|
|
Cal FX 20 Fund
|
Global Biotechnology Transfer
Foundation Limited
|
|
Slater Feeder Fund
|
National Aquaculture Centre
Ltd
|
|
IVAPPS UK PLC
|
British Honey Company PLC
|
|
IVAPPS Jersey Limited
|
Ocana Enterprises Ltd
|
|
L & J limited
|
Tarragona Assets Ltd
|
|
Lorton Media Fund
|
Edistil Limited
|
Dr
Reuel Khoza
The following details in relation to
the appointment of Dr Reuel Jethro Khoza,
aged 74, are disclosed in accordance with Schedule 2(g) of the AIM
Rules for Companies:
|
Current
directorships
|
Former directorships within
the past five years
|
|
Acorn City Development
Partners
|
Assupol Holdings Limited
|
|
AKA Capital (Pty) Ltd
|
Assupol Life Limited
|
|
AKA Liquid Fuels (Pty)
Ltd
|
Cedar Isle Auto
|
|
Angels View Graskop Hotel
|
Eglin Investments No 30
|
|
Centre of Excellence in Financial
Services
|
Eglin Investments No 31
|
|
Coromining Pty Ltd
|
Eglin Investments No 34
|
|
Discovery Bank
|
Engage Entertainment
|
|
Discovery Bank Holdings
|
Engage Entertainment
Holdings
|
|
Dzana Investments
|
Khomani Koeltehius Joint
Venture
|
|
Dzana Property Investment
Holdings
|
Revego Africa Energy
|
|
Dzana SPV (RF)
|
Sam Nzima Foundation
|
|
Era Stene (Pty) Ltd
|
|
|
Great Apple Trade 9
|
|
|
Hlayisani Capital (Pty)
Ltd
|
|
|
Hlayisani Fund Managers
|
|
|
Hlayisani Growth Fund GP
|
|
|
Hlayisani Growth Fund Investment
Company
|
|
|
Hlayisani Growth Fund Performance
GP
|
|
|
Hlayisani Growth Fund SPV
1
|
|
|
Hoyohoyo Hotels and
Resorts
|
|
|
Imbali Safari Lodge
|
|
|
Khocha Capital
|
|
|
Khozeni Farming Operations (Pty)
Ltd
|
|
|
Khusel'indalo South Africa NPC T/A
Conservation South Africa
|
|
|
Main Street 57 (Pty) Ltd
|
|
|
Mpumalanga Partners in Agri Land
Solutions
|
|
|
Ntwanana Investments
|
|
|
Okani Schools of
Excellence
|
|
|
Parmtro Investments No.
65
|
|
|
Platinum Hospitality
Holdings
|
|
|
R J Khoza Family Trust
(trustee)
|
|
|
Rainier Investments
|
|
|
Skukuza Airport Management
Company
|
|
|
The Ethics Institute
|
|
|
Vezubuntu Investments CC
|
|
|
Wheatfields Investments No. 230
(Pty) Ltd
|
|
|
Wisani Investments (Pty)
Ltd
|
|
|
Protea Hotels Empowerment
Initiative
|
|
ENDS
31 October
2024
For further information visit www.jubileemetalsgroup.com ,
follow Jubilee on Twitter (@Jubilee_Metals) or contact
below:
Jubilee Metals
Group PLC
Leon Coetzer (CEO)/Jonny Morley-Kirk
(FD)
Tel: +27 (0) 11 465 1913 / Tel: +44 (0)
7797 775544
Nominated
Adviser - SPARK Advisory Partners
Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
PR & IR
Adviser - Tavistock
Jos Simson/ Gareth Tredway
Tel: +44 (0) 207 920 3150
Joint
Broker - RBC Capital Markets
Farid Dadashev/Jamil Miah
Tel +44 (0) 20 7653 4000
Joint Broker -
Zeus Capital
Harry Ansell/Katy
Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394
6618
JSE Sponsor -
Questco Corporate Advisory Proprietary
Limited
Alison McLaren
Tel: +27 63 482 3802
About
Jubilee
Jubilee is a low-cost, diversified producer,
specialising in the recovery and processing of metals from
previously overlooked resources, such as unprocessed historical
waste rock, run-of-mine materials and tailings in Zambia and South
Africa. The Company's low-capex, modular processing facilities are
deployed close to these various types of material, producing
high-grade concentrates for sale or further refining to finished
metal at the Company's downstream facilities. Production currently
consists of copper, chrome, and platinum group metals (PGMs). The
modular processing facilities offer a platform for growth and the
rapid expansion of Jubilee's operational footprint in Zambia and
South Africa. Jubilee's success is derived from operational and
technical excellence, an experienced management team and a
pioneering Technical Development Centre.