TIDMJLP

RNS Number : 4726Y

Jubilee Metals Group PLC

04 May 2023

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.

Exercise of Options

Jubilee Metals Group PLC, a leader in diversified metals processing, with operations in Africa (AIM: JLP/Altx: JBL), announces the issue of 10 750 000 new ordinary shares following the exercise of options (the "Option Shares"). The Option Shares have been exercised at an average price of 4.97 pence (ZAR 114 cents) per Option Share.

The Option Shares are issued as fully paid and rank pari passu in all respects with the existing ordinary shares, including the right to receive all dividends and other distributions declared on or after the date on which they are issued.

Admission and Total Voting Rights

The Option Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 11 May 2023 ("Admission") and will rank pari passu with the ordinary shares of the Company in issue.

The Company's total issued capital, after the issue of the Option Shares, will be 2 738 129 981 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

4 May 2023

FOR FURTHER INFORMATION VISIT WWW.JUBILEEMETALSGROUP.COM OR PLEASE CONTACT:

 
 Jubilee Metals Group PLC                   Tel: +27 (0) 11 465 1913 
  Leon Coetzer 
 PR & IR Adviser - Tavistock                Tel: +44 (0) 20 7920 3150 
  Jos Simson/ Gareth Tredway 
 Nominated Adviser - SPARK Advisory         Tel: +44 (0) 20 3368 3555 
  Partners Limited 
  Andrew Emmott/ James Keeshan 
 Joint Broker - Berenberg                   Tel: +44 (0) 20 3207 7800 
  Matthew Armitt/ Jennifer Lee/ Detlir 
  Elezi 
 Joint Broker - WHIreland                   Tel: +44 (0) 20 7220 1670/ 
  Harry Ansell/ Katy Mitchell                +44 (0) 113 394 6618 
 JSE Sponsor - Questco Corporate Advisory   Tel: +27 (0) 11 011 9207 
  Pty Ltd 
  Alison McLaren

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May 04, 2023 10:29 ET (14:29 GMT)

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