Jubilee Platinum PLC Exercise of Warrants (7362W)

TIDMJLP

RNS Number : 7362W

Jubilee Platinum PLC

13 February 2017

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

13 February 2017

Jubilee Platinum PLC

("Jubilee" or "Company")

Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received notification from a warrant holder to exercise 2 000 000 existing warrants in the issued share capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR52.70c) per Warrant Share. The exercise of Warrant Shares amounts,

in aggregate, to a cash value of     GBP 63,195.00 (ZAR 1,054,092.60). 

The warrant holder holds a further 1 450 000 warrants priced at 3.15975p expiring 21 February 2017. The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 17 February 2017 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 1 039 785 942 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]

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCTJMBTMBJBBMR

(END) Dow Jones Newswires

February 13, 2017 06:45 ET (11:45 GMT)