Director/PDMR Shareholding

Jubilee Metals Group PLC

23 July 2024

 

Jubilee Metals Group PLC

Registration number: 4459850

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

Jubilee Metals Group PLC ('Jubilee' or 'the Company')

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.

            Dealing in securities

Jubilee, a leading diversified metals processor in Africa with significant operations in South Africa and Zambia, was notified on 22 July 2024, that Neal Reynolds, Chief Financial Officer of the Company, purchased 415 000 Jubilee ordinary shares ("Ordinary Shares") at an average price of 6.40 pence (ZAR1.51) per Ordinary Share.

Following this purchase, Neal Reynolds holds 415 000 Ordinary Shares, representing approximately 0.0138% of the issued share capital of the Company.

23 July 2024

**ENDS**

For further information visit www.jubileemetalsgroup.com, follow Jubilee on Twitter (@Jubilee_Metals) or contact:

Jubilee Metals Group PLC 

Leon Coetzer (CEO) /Neal Reynolds (CFO)

Tel: [phone] 

Nominated Adviser - SPARK Advisory Partners Limited 

Andrew Emmott/James Keeshan 

Tel: [phone] 

PR & IR Adviser - Tavistock 

Jos Simson/ Gareth Tredway

Tel: [phone] 

Joint Broker - RBC Capital Markets

Farid Dadashev/Jamil Miah

Tel [phone]

Joint Broker - Zeus Capital

Harry Ansell/Katy Mitchell  

Tel: [phone] 

JSE Sponsor - Questco Corporate Advisory Proprietary Limited 

Alison McLaren

Tel: [phone]

About Jubilee

Jubilee is a low-cost, diversified producer, specialising in the recovery of metal from previously overlooked resources, such as unprocessed historical waste rock, run-of-mine materials and tailings in South Africa and Zambia. The Company's low-capex, modular processing facilities are deployed close to these various types of material, producing high grade concentrates for sale or further refining to finished metal at the Company's downstream facilities. Production currently consists of chrome, copper and platinum group metals (PGMs). The modular processing facilities offer a platform for growth and the rapid expansion of its operational footprint. Jubilee's success is derived from operational excellence, a highly experienced management team and a pioneering Technical Development Centre.

The Company provides the following notifications and public disclosures of the share purchases, by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them: 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neal Reynolds
2	Reason for notification
a)	Position / status	Chief Financial Officer
b)	Initial notification	Initial
	/Amendment
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)	Name	Jubilee Metals Group PLC
b)	LEI	2138002XB5DB3B87SH92
4	Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument Identification code	Ordinary Shares
		ISIN: GB0031852162
b)	Nature of the transaction	Acquire ordinary shares
c)	Price(s) and volumes(s)	Acquired 415 000 at a price of 6.40 pence
d)	Aggregated information	n/a
e)	Date of the transaction	22 July 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

In compliance with Rules 3.63 of the JSE Listing Requirements, the following information is disclosed:

Company director	Neal Reynolds
Date of transaction	22 July 2024
Number of shares	415 000
Price per share	6.40 pence/ZAR 1.51
Class of shares	Ordinary
Nature of transaction	Purchase of Ordinary Shares on the open market
Nature of interest	Direct beneficial
Total value	GBP 26 560 / ZAR 626 550

 

END