RNS Number : 6969O

Jubilee Metals Group PLC

13 June 2022

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.


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

       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                      Nakedi Mathews Phosa 
      ----------------------------------------  --------------------------------- 
       Reason for the notification 
 a)    Position/status                           Non-Executive Director 
      ----------------------------------------  --------------------------------- 
 b)    Initial notification                      Initial notification 
      ----------------------------------------  --------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
 a)    Name                                      Jubilee Metals Group PLC 
      ----------------------------------------  --------------------------------- 
 b)    LEI                                       2138002XB5DB3B87SH92 
      ----------------------------------------  --------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                        Ordinary shares 
        financial instrument, 
        type of instrument 
       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 
    *    Purchase Price 
                                             15 pence 
    *    Selling price 
 e)    Date of the transactions                  9 June 2022 
      ----------------------------------------  --------------------------------- 
 f)    Place of the transactions                 London Stock Exchange, AIM 
      ----------------------------------------  --------------------------------- 

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(END) Dow Jones Newswires

June 13, 2022 10:51 ET (14:51 GMT)

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