Last checked at 13 Feb 2017 11:45
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
13 February 2017
Jubilee Platinum PLC
("Jubilee" or "Company")
Exercise of Warrants
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received notification from a warrant holder to exercise 2 000 000 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR52.70c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of £ 63,195.00 (ZAR 1,054,092.60).
The warrant holder holds a further 1 450 000 warrants priced at 3.15975p expiring 21 February 2017. The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 17 February 2017 and will rank pari passu with the ordinary shares of the Company in issue.
Total voting rights
The Company's total issued capital, after the issue of the Warrant Shares, will be 1 039 785 942 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company following Admission.
Contacts
Jubilee Platinum plc
Colin Bird/Leon CoetzerTel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913Andrew SarosiTel +44 (0)1752 221937
JSE Sponsor
Sasfin Capital, a division of Sasfin Bank LimitedSharon OwensTel +27 (0)11 809 7500
Nominated Adviser
SPARK Advisory Partners LimitedSean Wyndham-Quin/Mark BradyTel: +44 (0)203 368 3555
Broker
Beaufort Securities LimitedJon BellissTel: +44 (0) 20 7382 8300