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Transfer to ALTx, shift of primary listing and resignation of director
Jubilee Platinum PLC
Registration number (4459850)
JSE share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or the "Company")
COMMENCEMENT OF TRADING ON THE ALTERNATIVE EXCHANGE (“ALTx) OF
THE JSE LIMITED (“JSE”) AND RESIGNATION OF A DIRECTOR
COMMENCEMENT OF TRADING ON THE ALTERNATIVE EXCHANGE
Jubilee is pleased to announce that the Company has received
formal approval to commence trading on the ALTx of the JSE
with effect from 19 December 2013. This move is in-line
with the Company’s current trading history with the majority
of trades occurring on the London AIM market and allowing
the London AIM exchange to become the Company’s primary
listing.
RESIGNATION OF A DIRECTOR
The Company also wishes to announce that Eduard Victor has
resigned from his role as Group Finance Director. His
resignation is effective today, 18 December 2013.
Eduard indicated to the Board earlier in the year that he
wishes to further his career in a mine production role with
peripheral financial responsibilities. Eduard has indicated
that he will make himself available to Jubilee on an ad-hoc
basis should the Company require his experience. The Company
has sufficient accounting resources and will announce a
successor in due course.
Chief Executive Leon Coetzer said: “Since joining Jubilee
in 2008 Eduard has fulfilled a number of roles at executive
and Board level. His enthusiasm and dedication have assisted
in continuing to achieve revenue growth supported by on-
going improved smelter performances.
Eduard played a supporting role in the successful
acquisition and integration of key assets as Jubilee
focussed on achieving its Mine-to-Metals strategy. As such,
the Company remains well placed to develop earnings
enhancing opportunities as we further leverage off the
ConRoast process. The Board would like to thank Eduard for
his efforts and wish him well in his future endeavours."
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
finnCap Ltd
Matthew Robinson/Ben Thompson – corporate finance
Joanna Weaving – corporate broking
Tel +44 (0) 20 7220 0500
Sasfin Capital
Leonard Eiser/Sharon Owens
Tel +27 (0) 11 809 7500
Bishopsgate Communications Ltd
Nick Rome/Anna Michniewicz
Tel +44 (0) 20 7562 3350
18 December 2013
Johannesburg
Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
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