Business
Capital Reduction Court Approval
Jubilee Metals Group PLC has received High Court approval for its capital reduction, which will become effective upon registration with the Registrar of Companies. This announcement follows the general meeting approval on April 8, 2026, and the initial notice published on March 23, 2026. The company is an integrated copper producer and resource developer in Zambia. Disclaimer*
About this update from Jubilee Metals Group Plc
[{"type":"text","content":"\n\nJubilee Metals Group PLC\nRegistration number: 4459850\nAIM share code: JLP\nAltx share code: JBL\nISIN: GB0031852162\n('Jubilee' or 'the Company' or 'the Group')\n \nDissemination of a Regulatory Announcement that contains inside information according to UK Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.\n \nCapital Reduction Court Approval\n \nJubilee, the integrated copper producer and resource developer in Zambia, is pleased to announce that the High Court of Justice, at a confirmation hearing held yesterday 28 April 2026, has approved the Company's application to reduce the share premium account of the Company (Capital Reduction).\n \nDetails of the Capital Reduction were set out in the Notice of General Meeting published by the Company on 23 March 2026, and it was approved at the general meeting of the Company held on 8 April 2026.\n \nThe Capital Reduction will become effective when the order of the Court confirming the Capital Reduction and the statement of capital approved by the Court are registered by the Registrar of Companies. \n \n \n29 April 2026\n \nFor more information contact:\n \nJubilee Metals Group PLC\nLeon Coetzer (CEO)/Jonathan Morley-Kirk (FD)\nTel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546\n \nNominated Adviser - SPARK Advisory Partners Limited\nAndrew Emmott/James Keeshan\nTel: +44 (0) 20 3368 3555\n \nPR & IR Adviser - Tavistock\nJos Simson/Gareth Tredway\nTel: +44 (0) 207 920 3150\n \nJoint Broker - Zeus Capital\nHarry Ansell/Katy Mitchell \nTel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618\n \nJoint Broker - Shard Capital Partners LLP\nErik Woolgar/Gareth Burchell\nTel +44 (0) 207 1869900\n \nJSE Sponsor - Questco Corporate Advisory Proprietary Limited\nAlison McLaren\nTel: +27 63 482 3802\n \nAbout Jubilee Metals Group\n \nJubilee Metals, listed on AIM and the Altx of the JSE, is a copper producer focused on building a world-class integrated copper business in Zambia. The Company aims to reach 25 000 tonnes per annum of copper production by integrating exploration, mining, concentrating and refining through its three-pillar ...