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JLP Jubilee Metals Group Plc

8.66
0.31 (3.71%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jubilee Metals Group Plc LSE:JLP London Ordinary Share GB0031852162 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.31 3.71% 8.66 8.60 8.70 8.85 8.35 8.35 22,611,669 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 141.93M 12.91M 0.0047 18.40 236.85M

Jubilee Metals Group PLC Exercise of Options

06/03/2024 3:00pm

RNS Regulatory News


RNS Number : 8710F
Jubilee Metals Group PLC
06 March 2024
 

Jubilee Metals Group PLC

Registration number: 4459850

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

Jubilee Metals Group PLC (Jubilee or the Company)

 

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 Options

Jubilee, a leading diversified metals processor in Africa, with a substantial contribution to global chrome concentrate production in South Africa and expanding copper operations in Zambia, announces that it received notification today, from an option holder to exercise 9 million options at an average price of 2.11 pence per option (the "Option Shares").

The Option Shares are issued as fully paid and rank pari passu in all respects with the existing ordinary shares, including the right to receive all dividends and other distributions declared on or after the date on which they are issued.

 

Admission and total voting rights

 

The Option Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 12 March 2024 ("Admission") 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 Option Shares, will be 2 983 493 617 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

6 March 2024

 

For further information, visit www.jubileemetalsgroup.com, follow Jubilee on Twitter (@Jubilee_Metals) or contact:

Jubilee Metals Group PLC 

Leon Coetzer (CEO)/Neal Reynolds (CFO)

Tel: +27 (0) 11 465 1913 

 

Nominated adviser - SPARK Advisory Partners Limited 

Andrew Emmott/James Keeshan 

Tel: +44 (0) 20 3368 3555 

 

Public Relations and Investor Relations adviser - Tavistock 

Jos Simson/Gareth Tredway

Tel: +44 (0) 20 7920 3150 

 

Joint broker - Berenberg 

Matthew Armitt/Jennifer Lee/Detlir Elezi 

Tel: +44 (0) 20 3207 7800 

 

Joint broker - WHIreland 

Harry Ansell/Katy Mitchell  

Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618 

 

JSE sponsor - Questco Corporate Advisory Proprietary Limited 

Alison McLaren

Tel: +27 (0) 11 011 9207

 

About Jubilee

 

Jubilee is a low-cost, diversified producer, specialising in the recovery and processing of metals from previously overlooked resources, such as unprocessed historical waste rock, run-of-mine materials and tailings in Zambia and South Africa. The Company's low-capex, modular processing facilities are deployed close to these various types of material, producing high grade concentrates for sale or further refining to finished metal at the Company's downstream facilities. Production currently consists of copper, chrome, and platinum group metals (PGMs). The modular processing facilities offer a platform for growth and the rapid expansion of Jubilee's operational footprint in Zambia and South Africa. Jubilee's success is derived from operational and technical excellence, a highly experienced management team and a pioneering Technical Development Centre.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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