Proactive Investors - Run By Investors For Investors

Jubilee Platinum PLC RNS Release

Exercise of last warrants at specific issue price

RNS Number : 4674X
Jubilee Platinum PLC
21 February 2017

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

21 February 2017


Jubilee Platinum PLC

("Jubilee" or "Company")


Exercise of last warrants at the specific issue price

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist announces that it has received the final notification to exercise all outstanding warrants priced at 2.0p and 2.5p being, 625 000 warrants at a price of 2.0p (ZAR32.52c) and 500 000 warrants at a price of 2.5p (ZAR40.65) per warrant share. The exercise of the warrant shares amounts, in aggregate, to a cash value of £ 25,000 (ZAR 406,500).

The warrant shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 27 February 2017 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 warrant shares, will be                     1 042 360 942 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.


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


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

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