Exercise of Warrants

RNS Number : 5308N

Jubilee Metals Group PLC

23 January 2023

 

Jubilee Metals Group PLC

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("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 Warrants

Jubilee Metals Group ("Jubilee" or the "Company" or the 'Group') , the AIM and Altx traded metals processing company is announcing that it has received notification from a warrant holder to exercise  366 385 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 6.12 pence (ZAR 1.30 cents) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of £ 0.022 million (ZAR 0.48 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 Friday, 27 January 2023 and will rank pari passu with the ordinary shares of the Company in issue.

Following this warrant exercise all warrants issued at 6.12 pence have either been exercised or have expired.

Total voting rights

The Company's total issued capital, after the issue of the Warrant Shares, will be 2 727 379 981 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

23 January 2023

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

Jubilee Metals Group PLC

Leon Coetzer

Tel:  [phone]

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

Tel: [phone]

Joint Broker - Berenberg

Matthew Armitt/Jennifer Lee/Detlir Elezi

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 - Questco Corporate Advisory Proprietary Limited

Sharon Owens

Tel: [phone]

PR & IR Adviser - Tavistock

Jos Simson/ Gareth Tredway/Charles Vivian

Tel: [phone]

 

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