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Exercise of Warrants
18 August 2015
Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that 10 million warrants in the issued share capital of Jubilee ("the Shares") were exercised at an average exercise price of 2.625p (ZAR52.50c) per share calculating to a cash value of GBP 262,500 (ZAR5.25 million).
The Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 24 August 2015 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 Shares, will be 876,148,068 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 +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Andrew Sarosi
Tel +44 (0) 1752 221937
Nominated Adviser
SPARK Advisory Partners Limited
Sean Wyndham-Quin / Mark Brady
Tel: +44 (0)203 368 3555
Brokers
Beaufort Securities Limited
Elliot Hance - Corporate Broking
Tel +44 (0) 20 7382 8416
Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel +27 (0) 11 809 7500
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Jubilee Platinum Plc
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DEVELOPMENT STAGE |
CODE : JLP.L |
ISIN : GB0031852162 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Jubilee Platinum is a platinum exploration company based in United kingdom. Its main asset in development is TJATE in South Africa. Jubilee Platinum is listed in Germany and in United Kingdom. Its market capitalisation is GBX 5.9 billions as of today (US$ 7.1 billions, € 6.5 billions). Its stock quote reached its highest recent level on April 07, 2006 at GBX 99.88, and its lowest recent point on November 24, 2017 at GBX 0.04. Jubilee Platinum has 1 306 527 911 shares outstanding. |