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Last checked at 
24 Jul 2024 13:00
Jubilee Metals Group PLC
Registration number: 4459850
AIM share code: JLP
Altx share code: JBL
ISIN: GB0031852162
Jubilee Metals Group PLC ('Jubilee' or 'the Company')
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.
Dealing in securities
Jubilee, a leading diversified metals processor in Africa with significant operations in South Africa and Zambia, was notified on 24 July 2024, that Leon Coetzer, Chief Executive Officer of the Company, purchased 625 000 Jubilee ordinary shares ("Ordinary Shares") at an average price of 6.4 pence (ZAR1.51) per Ordinary Share.
Following this purchase, Mr. Coetzer holds 1 422 810 Ordinary Shares, representing approximately 0.047% of the issued share capital of the Company.
24 July 2024
**ENDS**
For further information visit www.jubileemetalsgroup.com, follow Jubilee on Twitter (@Jubilee_Metals) or contact:
Jubilee Metals Group PLC
Leon Coetzer (CEO) /Neal Reynolds (CFO)
Tel: +27 (0) 11 465 1913
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 (0)11 011 9207
About Jubilee
Jubilee is a low-cost, diversified producer, specialising in the recovery of metal from previously overlooked resources, such as unprocessed historical waste rock, run-of-mine materials and tailings in South Africa and Zambia. 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 chrome, copper and platinum group metals (PGMs). The modular processing facilities offer a platform for growth and the rapid expansion of its operational footprint. Jubilee's success is derived from operational excellence, a highly experienced management team and a pioneering Technical Development Centre.
The Company provides the following notifications and public disclosures of the share purchases, by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them:
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Leon Coetzer | |
2 | Reason for notification | Director of Jubilee | |
a) | Position / status | Chief Executive Officer | |
b) | Initial notification | Initial | |
/Amendment | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
| ||
a) | Name | Jubilee Metals Group PLC | |
b) | LEI | 2138002XB5DB3B87SH92 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares | |
ISIN: GB0031852162 | |||
b) | Nature of the transaction | Acquire ordinary shares | |
c) | Price(s) and volumes(s) | Acquired 625 000 at a price of 6.40 pence | |
d) | Aggregated information | n/a | |
e) | Date of the transaction | 24 July 2024 | |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |
In compliance with Rules 3.63 of the JSE Listing Requirements, the following information is disclosed:
Company director | Leon Coetzer |
Date of transaction | 24 July 2024 |
Number of shares | 625 000 |
Price per share | 6.40 pence/ZAR 1.51 |
Class of shares | Ordinary |
Nature of transaction | Purchase of Ordinary Shares on the open market |
Nature of interest | Direct beneficial |
Total value | GBP 40 000 / ZAR 943 200 |
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