Jubilee Platinum PLC Holding(s) in Company (4145F)

TIDMJLP TIDMPRU

RNS Number : 4145F

Jubilee Platinum PLC

24 April 2014

Jubilee Platinum PLC

Registration number (4459850)

Altx share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee")

In accordance with the Disclosure and Transparency Rules in the UK, Jubilee hereby confirms that on 23 April 2014 it received notice that on 22 April 2014 Prudential plc group of companies reached the threshold of between 10% - 9%.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying             Jubilee Platinum Plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-----------------------------------------------  ------------------------------------ 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                     X 
----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------  ------- 
 Other (please specify): Update to total voting rights figure.                   X 
------------------------------------------------------------------------      ------- 
 3. Full name of person(s) subject              Prudential plc group of companies 
  to the 
  notification obligation: (iii) 
-----------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                       See attached schedule 
  (if different from 3.):(iv) 
-----------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                      22 April 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                        23 April 2014 
-----------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                        10% - 9% 
-----------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                      Resulting situation after the triggering 
  of             to the triggering                       transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------  ----------------------------------------------------------------------- 
                Number           Number                 Number         Number of voting           % of voting rights 
                 of               of                     of shares      rights                     (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------------  -------------  -------------------------  ----------------------------- 
                                                        Direct         Direct          Indirect   Direct           Indirect 
                                                                        (xi)            (xii) 
-------------  ---  ---  -----     ------  -----  ---  -------------  --------------  ---------  ---------------  ------------ 
 GB0031852162     50,855,000          50,855,000         50,555,000     50,555,000        0           9.64%             0 
-------------  ---------------  ---------------------  -------------  --------------  ---------  ---------------  ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial        Expiration        Exercise/                         Number of voting               % of voting 
  instrument               date (xiii)       Conversion Period                 rights that may                rights 
                                             (xiv)                             be 
                                                                               acquired if the 
                                                                               instrument is 
                                                                               exercised/ converted. 
-----------------------  ----------------  --------------------------------  -----------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Exercise       Expiration     Exercise/           Number of voting                % of voting rights 
  instrument          price          date (xvii)    Conversion          rights instrument               (xix, xx) 
                                                    period              refers to 
                                                    (xviii) 
------------------  -------------  -------------  ------------------  ------------------------------  ------------------------ 
                                                                                                       Nominal        Delta 
------------------  -------------  -------------  ------------------  ------------------------------  -------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                             Percentage of voting rights 
------------------------------------------------------------------  ---------------------------------------------------------- 
 50,555,000                                                          9.64% 
------------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   M&G Securities Limited (wholly owned subsidiary of M&G Limited) 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                     N/A 
-----------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                     N/A 
  cease 
  to hold: 
-----------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                      N/A 
  hold 
  voting rights: 
-----------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
-----------------------------------------  --------------------------------------- 
 14. Contact name:                          James Todd / Mark Thomas 
                                             M&G Investment Management Limited 
-----------------------------------------  --------------------------------------- 
 15. Contact telephone number:              020 7548 2293 / 020 7548 3266 
-----------------------------------------  --------------------------------------- 
 
 

24 April 2014

Sponsor

Sasfin Capital

(a division of Sasfin Bank Limited)

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUSSBRSSASURR