Exercise of Last Warrants at Specific Issue Price

RNS Number : 0016X

Jubilee Platinum PLC

15 February 2017

 

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

15 February 2017

Jubilee Platinum PLC

("Jubilee" or "Company")

Exercise of Last Warrants at the Specific Issue Price.

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received the final notification to exercise the last remaining 1 450 000 warrants at a price of 3.15975p (ZAR51.63c) per Warrant Share. This concludes all outstanding warrants priced at 3.15975p. The exercise of Warrant Shares amounts, in aggregate, to a cash value of   £ 45,816.38 (ZAR 748,639.65).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 22 February 2017 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 Warrant Shares, will be  1 041 235 942 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.

Contacts

Jubilee Platinum plc

Colin Bird/Leon Coetzer
Tel [phone] / Tel [phone]
Andrew Sarosi
Tel [phone]

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel [phone]

Nominated Adviser

SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: [phone]

Broker

Beaufort Securities Limited
Jon Belliss
Tel: [phone]

 

END

 

 

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