Jubilee Metals Share News (JLP)

Jubilee Metals Information

Share Price Information for Jubilee Metals (JLP)

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2.75 -0.05 (-1.79%)

Bid:

2.60

Ask:

2.90

Spread: 0.30 (11.538%)

Market Cap: £88.64m

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Jubilee Platinum Shuffles Board

Tue, 27th Jul 2010 07:53

LONDON (Dow Jones)--Jubilee Platinum PLC (JLP.LN) Tuesday announces that Colin Bird, currently Chief Executive Officer, will assume the role of non-executive Chairman with effect from Aug. 1, relinquishing his duties as CEO. MAIN FACTS: -Malcolm Burne is stepping down as non-executive Chairman, due to other commitments. -Leon Coetzer will assume the role of CEO with effect from Aug. 1, relinquishing his position as MD Smelting and Refining. -Eduard Victor, a newly appointed director, will take on the role of Finance Director with effect from Aug. 1. -Victor (43), accountant and graduate B Com in Accounting Science, is currently corporate development executive for Jubilee. -Andrew Sarosi will relinquish his duties as Finance Director and will continue as Executive Director from the same date. -Shares closed Monday at 29.5 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires July 27, 2010 02:53 ET (06:53 GMT)