Last checked at 14 Oct 2015 14:45
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
14 October 2015
Jubilee Platinum PLC
("Jubilee" or the "Company")
Exercise of Warrants
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that is has today received notification from a warrant holder to exercise 7 142 936 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR64.50c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP225 699 (ZAR4.6 million).
The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 20 October 2015 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 887 997 770 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 Coetzer Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913 Andrew SarosiTel +44 (0) 1752 221937
Nominated Adviser
SPARK Advisory Partners LimitedSean Wyndham-Quin / Mark BradyTel: +44 (0)203 368 3555
Brokers
Beaufort Securities LimitedElliot Hance - Corporate BrokingTel +44 (0) 20 7382 8416
JSE Sponsor
Sasfin Capital, a division of Sasfin Bank Limited Sharon OwensTel +27 (0) 11 809 7500