Jubilee Platinum PLC Exercise of Last Warrants at Specific Issue Price (0016X)
February 15 2017 - 9:31AM
UK Regulatory
TIDMJLP
RNS Number : 0016X
Jubilee Platinum PLC
15 February 2017
Registration number (4459850)
AltX share code: JBL
AIM share code: JLP
ISIN: GB0031852162
15 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 the last remaining 1 450 000 warrants at a price of
3.15975p (ZAR51.63c) per Warrant Share. This concludes all
outstanding warrants priced at 3.15975p. The exercise of Warrant
Shares amounts, in
aggregate, to a cash value of GBP 45,816.38 (ZAR 748,639.65).
The Warrant Shares are expected to be admitted to trading on AIM
and listed on the AltX of the JSE Limited on or about 22 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 1 041 235 942 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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