Jubilee Metals Regulatory News (JLP)

29 Mar 2007 12:07

Jubilee Platinum PLC29 March 2007 JUBILEE PLATINUM PLC ("Jubilee" or "the Company") ISSUE OF SHARES Application has been made to the London Stock Exchange for 1,923,077 newOrdinary Shares of £0.01 each to be admitted to trading on AIM and on the JSE.Dealing is expected to commence in these shares on 2 April, 2007. These Ordinary Shares have been allotted to South African financial institutionsat a strike price of ZAR 13 (91.1p), the proceeds of which will be used tosecure the Company's position in acquiring the first tranche of Tjate PlatinumCorporation shares from NewPlats (Tjate) (Proprietary) Ltd ("NewPlats") underthe Sale of Shares agreement concluded between the Company and NewPlats(announced 8 December 2006). These shares rank pari passu in all respects with the existing Ordinary Sharesof the Company. Following admission to trading of the above shares, the total shares in issuewill be 81,062,051. For further information please contact: Colin Bird Cathy Malins / Annabel LeatherJubilee Platinum plc ParkgreenCommunications LtdTel: 07768 397 627 Tel +44 20 7851 7480 This information is provided by RNS The company news service from the London Stock Exchange