JUBILEE PLATINUM PLC - Exercise of warrants

Exercise of warrants

Jubilee Platinum PLC
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
 ("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 2 500 000 existing warrants in the
issued share capital of Jubilee ("the Warrant Shares") at a price of 3.15975p (ZAR53.59c) per
Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of
GBP 78,993.75 (ZAR1, 339, 870).

The warrants relate to past funding arrangements for the Company with no further warrants
been issued by the Company.

As at the date of this announcement the following warrants remain outstanding:


     Number of          Subscription price
                                                       Expiry
      warrants                 £s



       625,000                0.02000               31/03/2017
      500,000                 0.02500               31/03/2017
     5,450,000                0.03160               12/08/2018
     3,591,742                4.75000               12/08/2018
     18,244,825               4.72500               23/03/2019


The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of
the JSE Limited on or about 09 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        1 035
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

United Kingdom
3 February 2017

Date: 03/02/2017 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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