TIDMJLP

RNS Number : 6769T

Jubilee Metals Group PLC

26 July 2022

Jubilee Metals Group PLC

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("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.

Exercise of Warrants

Jubilee, the AIM and Altx traded metals processing company announces that it has received notification from two warrant holders to exercise existing warrants to subscribe for 1 464 156 new ordinary shares of the Company ("the Warrant Shares"), representing approximately 0.06% of the enlarged issued share capital of Jubilee, at a price of 6.12 pence (ZAR 1.23 cents) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP 89 606 (ZAR 1 806 222).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 1 August 2022 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 2 658 515 526 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.

United Kingdom

26 July 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

Joint Broker - Berenberg

Matthew Armitt/Jennifer Lee/Detlir Elezi

Tel +44 (0) 20 3207 7800

Joint Broker - Shard Capital Partners LLP

Damon Heath/Erik Woolgar

Tel +44 (0) 20 7186 9900

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 information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOERAMFTMTITBLT

(END) Dow Jones Newswires

July 26, 2022 02:00 ET (06:00 GMT)

Jubilee Metals (LSE:JLP)
Gráfica de Acción Histórica
De Ago 2022 a Sep 2022 Haga Click aquí para más Gráficas Jubilee Metals.
Jubilee Metals (LSE:JLP)
Gráfica de Acción Histórica
De Sep 2021 a Sep 2022 Haga Click aquí para más Gráficas Jubilee Metals.