Directors' Share Purchases

RNS Number : 2864N

Jubilee Metals Group PLC

29 January 2021

 

Jubilee Metals Group Plc

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Jubilee Metals Group PLC

("Jubilee" or the "Company")

Directors' Share Purchases

Jubilee, the AIM and Altx traded metals processing company, was notified on 28 January 2021, that Colin Bird, Non- Executive Chairperson of the Company, purchased 500 000 Jubilee ordinary shares ("Ordinary Shares") of 1 pence each at a price of 10.77 pence (ZAR 223.26 cents) and Leon Coetzer, Chief Executive Officer of the Company purchased 500 000 Ordinary Shares of 1 pence each at a price of 10.90 pence (ZAR 225.96 cents) per Ordinary Share. Following the share purchases, Colin Bird is interested in 500 000 Ordinary Shares, representing approximately 0.022% and Leon Coetzer is interested in 527 810 Ordinary Shares, representing approximately 0.024% of the issued share capital of the Company.

Leon Coetzer, CEO, commented : "Along with my Chairperson, I am pleased to be acquiring a further stake in Jubilee at this exciting stage in the Company's development. The strong support we experience from our shareholders, institutional and retail, is an endorsement of Jubilee's developments to date and I am very excited about the future growth and prospects of our Company."

The Directors' interests in the shares of the Company as of today are as follows:

Number of

ordinary shares  %

C Bird (Direct) L Coetzer (Direct) Dr M Phosa (Indirect)1	500 000 527 810 2 727 384	0.022 0.024 0.122
Total	3 755 194	0.168

1= Dr Phosa holds his interest in Jubilee through his trust NMP Trust of which he is a trustee.

29 January 2021

For further information visit www.jubileemetalsgroup.com or contact:

Jubilee Metals Group PLC
Colin Bird/Leon Coetzer
Tel [phone] / Tel [phone]

Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: [phone]

Joint Broker - Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel [phone]

Joint Broker - WHIreland
Harry Ansell/Katy Mitchell
Tel: [phone]

JSE Sponsor - Sasfin Capital (a member of the Sasfin group)
Sharon Owens
Tel [phone]

PR & IR Adviser - St Brides Partners Limited
Catherine Leftley/Beth Melluish
Tel [phone]

The Company provides the following notifications and public disclosures of the share purchases, in a total of 1 000 000 New Ordinary Shares, 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	Colin Bird
2	Reason for notification
a)	Position / status	Non-executive Chairman
b)	Initial notification /Amendment	Initial
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 new shares
c)	Price(s) and volumes(s)	Acquired 500,000 at 10.77 pence
d)	Aggregated information	n/a
e)	Date of the transaction	28 January 2021
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Leon Coetzer
2	Reason for notification
a)	Position / status	Chief Executive Officer
b)	Initial notification /Amendment	Initial
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	New Ordinary Shares ISIN: GB0031852162
b)	Nature of the transaction	Acquire new shares
c)	Price(s) and volumes(s)	Acquired 500,000 at 10.90 pence
d)	Aggregated information	n/a
e)	Date of the transaction	28 January 2021
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:  Colin Bird

Date of transaction:  28 January 2021

Number of shares:  500 000

Price per share:                               10.77 pence/ZAR 223.26 cents

Class of shares:          Ordinary

Nature of transaction:                    Purchase of Ordinary Shares on the open market

Nature of interest:  Direct beneficial

Total value:      GBP 53,850 /ZAR 1, 116, 311

Company director:  Leon Coetzer

Date of transaction:  28 January 2021

Number of shares:  500 000

Price per share:                               10.90 pence/ZAR 225.96 cents

Class of shares:   Ordinary

Nature of transaction:                    Purchase of Ordinary Shares on the open market

Nature of interest:  Direct beneficial

Total value:    GBP 57,531 /ZAR 1,192,624

 

END

 

 

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