Regulatory Story

Jubilee Platinum PLC - JLP

Exercise of Warrants

Released 14:00 25-Jan-2017

RNS Number : 1086V Jubilee Platinum PLC 25 January 2017

Jubilee Platinum PLC Registration number: 4459850 AltX share code: JBL

AIM share code: JLP ISIN: GB0031852162

("Jubilee" or the "Company")

25 January 2017 Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that is has received notification from a warrant holder to exercise 2,500,000 existing warrants in the issued share capital of Jubilee ("Warrant Shares") at a price of 3.15975 p (ZAR52.84c) per Warrant Share. The exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP 78,994 (ZAR 1.3 million).

The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 31 January 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 1,022,735,361 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

Jubilee Platinum plc published this content on 25 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 January 2017 14:12:09 UTC.

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