Last checked at 13 Jun 2022 15:51
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
Jubilee Metals Group PLC
("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.
Dealing
Jubilee, the AIM and Altx traded metals processing company, was notified today, that Dr Mathews Phosa, Non- Executive director of the Company, sold 1 500 000 Jubilee ordinary shares ("Ordinary Shares") of 1 pence each at a price of 15 pence (ZAR 294 cents) per ordinary share on 9 June 2022. Following this transaction, Dr Phosa holds 2 727 384 Ordinary Shares in Jubilee, representing approximately 0.10% of the issued share capital of the Company.
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following information is disclosed:
Company director: Dr Mathews Phosa
Date of transaction: 9 June 2022
Number of shares: 1 500 000
Price per share: 15 pence/ZAR 294 cents
Class of shares: Ordinary
Nature of transaction: Sale of shares on the open market
Nature of interest: Indirect beneficial
Total value: GBP 225 000/ZAR 4 410 000
United Kingdom
13 June 2022
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
Broker - Shard Capital Partners LLP
Damon Heath/ Erik Woolgar
Tel +44 (0) 20 7186 9900
Joint Broker - Berenberg
Matthew Armitt/ Jennifer Lee/ Detlir Elezi
Tel +44 (0) 20 3207 7800
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
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Nakedi Mathews Phosa | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
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 | Ordinary shares | |||
Identification code | GB0031852162 | ||||
b)
| Nature of the transactions
| Director sale of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
15 pence | 1 500 000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,500,000 | ||||
- Purchase Price
- Selling price | NA
15 pence | ||||
e)
| Date of the transactions
| 9 June 2022 | |||
f)
| Place of the transactions
| London Stock Exchange, AIM | |||