Last checked at 10 Nov 2009 09:45
AIM: JLP
JSE: JBL
Registration number: 4459850
ISIN GB0031852169
JUBILEE PLATINUM PLC
("Jubilee" or the "Company")
Notification of Major Interests in Shares by M&G Group Limited
The Company was notified on 4 November 2009 in accordance with the Disclosure Rules and Transparency Rules that, following the acquisition of ordinary shares on 2 November 2009, Prudential plc group of companies now holds 33,438,948 ordinary shares and voting rights in Jubilee, representing 14.28% of the Company's issued ordinary share capital.
The chain of controlled undertakings through which the voting rights are held has been notified as follows:
Prudential plc (parent company)
M&G Group Limited (wholly owned subsidiary of Prudential plc)
M&G Limited (wholly owned subsidiary of M&G Group Limited)
M&G Investment Management Limited (wholly owned subsidiary of M&G Group Limited)
M&G Securities Limited (wholly owned subsidiary of M&G Group Limited)
Separately, the Company was notified on 4 November 2009, in accordance with the Disclosure Rules and Transparency Rules that, following the acquisition of ordinary shares on 4 November 2009, M&G Investments Funds 3 now holds 28,395,990 ordinary shares and voting rights in Jubilee, representing 12.13% of the Company's issued ordinary share capital. The voting rights and shares are held by Nortrust Nominees Ltd a/c MKK01.
This notification to Jubilee included the following disclosure. M&G Investments Funds 3 is an open ended investment company (OEIC) and is not a Prudential group company and must be separately disclosed. The OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Ltd has direct fund management control over the shares identified in this notification. Therefore, the 12.13% holding being disclosed in this notification is encompassed in the 14.28% holding already disclosed above under the Prudential plc group of companies, and is not in addition to it.
These notifications are based on 234,122,921 voting rights ordinary shares of 1p each in issue as at 10 November 2009.
For further information please contact:
Colin Bird
Jubilee Platinum plc
Tel +44 (0) 20 7584 2155
Andrew Sarosi
Jubilee Platinum plc
Tel +44 (0) 1752 221937
Matthew Robinson/Edward Frisby
FinnCap
Tel +44 (0) 20 7600 1658
Brian Christie/Leonard Eiser
Sasfin Capital
Tel +27 (0) 11 809 7500
Suzanne Johnson-Walsh /Michael Kinirons
Bishopsgate Communications Ltd
Tel +44 (0) 20 7562 3350