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JUBILEE PLATINUM PLC - Exercise of Warrants

Release Date: 01/03/2016 16:30
Code(s): JBL     PDF:  
Wrap Text
Jubilee Platinum PLC
Registration number: 4459850
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or the "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 3 750 000 existing warrants in the issued share capital of Jubilee ('the Warrant Shares') at a price of 3.16p (ZAR70.72c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP118, 491 (ZAR2, 651,828). The cash consideration was received on 29 February 2016.
The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 7 March 2016 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 899 926 480 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 John Belliss Tel +44 (0) 20 7382 8300 Johannesburg 1 March 2016 JSE Sponsor Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens Tel +27 (0) 11 809 7500
Date: 01/03/2016 04:30:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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