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JUBILEE PLATINUM PLC - Exercise of warrants

Release Date: 13/02/2017 13:45
Code(s): JBL     PDF:  
Wrap Text
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 2 000 000 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

United Kingdom
13 February 2017

Date: 13/02/2017 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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