Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Jubilee Platinum PLC RNS Release

Exercise of Warrants

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     £ 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 +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Andrew Sarosi
Tel +44 (0)1752 221937

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel +27 (0)11 809 7500

Nominated Adviser

SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: +44 (0)203 368 3555

Broker

Beaufort Securities Limited
Jon Belliss
Tel: +44 (0) 20 7382 8300


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCTJMBTMBJBBMR



Jubilee Platinum PLC Timeline

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use