Exercise of Warrants

RNS Number : 8710C

Jubilee Platinum PLC

20 October 2015

 

Jubilee Platinum PLC

Registration number: 4459850

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee" or the "Company")

20 October 2015

Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that is has today received notification from a warrant holder to exercise 5 160 000 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR64.18c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP163 043 (ZAR3.3 million).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 26 October 2015 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 893 157 770 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]

Nominated Adviser

SPARK Advisory Partners Limited

Sean Wyndham-Quin / Mark Brady

Tel: [phone]

Brokers

Beaufort Securities Limited

Elliot Hance - Corporate Broking

Tel [phone]

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited

Sharon Owens

Tel [phone]

 

END

 

 

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