Jubilee Metals Group PLC Exercise of Warrants (0590R)

TIDMJLP

RNS Number : 0590R

Jubilee Metals Group PLC

03 March 2021

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Jubilee Metals Group PLC

("Jubilee" or "the Company" or "the Group")

Exercise of Warrants

Jubilee, the AIM and Altx traded metals processing company, announces that it has received notification from a warrant holder to exercise 200 000 existing warrants of the Company, representing 0.009 % of the enlarged issued share capital of Jubilee ("the Warrant Shares") at a price of 6.12 pence (ZAR 128 cents) per Warrant Share amounting to a cash value of GBP 12 240 (ZAR 257 449).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 9 March 2021 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 2 241 868 079 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

03 March 2021

**ENDS**

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

Jubilee Metals Group PLC

Colin Bird/Leon Coetzer

Tel [phone] / Tel [phone]

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

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 - Sasfin Capital (a member of the Sasfin group)

Sharon Owens

Tel [phone]

PR & IR Adviser - St Brides Partners Limited

Catherine Leftley/Beth Melluish

Tel [phone]

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(END) Dow Jones Newswires

March 03, 2021 07:22 ET (12:22 GMT)