Business
Exercise of Options
Exercise of Options.
About this update from Jubilee Metals Group Plc
[{"type":"text","content":"\n\nJubilee Metals Group PLC\nRegistration number: 4459850\nAltx share code: JBL\nAIM share code: JLP\nISIN: GB0031852162\nJubilee Metals Group PLC (Jubilee or the Company)\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 \n \nExercise of Options\nJubilee, a leading diversified metals processor in Africa, with a substantial contribution to global chrome concentrate production in South Africa and expanding copper operations in Zambia, announces that it received notification today, from an option holder to exercise 9 million options at an average price of 2.11 pence per option (the \"Option Shares\").\nThe Option Shares are issued as fully paid and rank pari passu in all respects with the existing ordinary shares, including the right to receive all dividends and other distributions declared on or after the date on which they are issued.\n \nAdmission and total voting rights\n \nThe Option Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 12 March 2024 (\"Admission\") and will rank pari passu with the ordinary shares of the Company in issue.\n \nThe Company's total issued capital, after the issue of the Option Shares, will be 2 983 493 617 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.\nUnited Kingdom\n6 March 2024\n \nFor further information, visit www.jubileemetalsgroup.com, follow Jubilee on Twitter (@Jubilee_Metals) or contact:\nJubilee Metals Group PLC \nLeon Coetzer (CEO)/Neal Reynolds (CFO)\nTel: +27 (0) 11 465 1913 \n \nNominated adviser - SPARK Advisory Partners Limited \nAndrew Emmott/James Keeshan \nTel: +44 (0) 20 3368 3555 \n \nPublic Relations and Investor Relations adviser - Tavistock \nJos Simson/Gareth Tredway\nTel: +44 (0) 20 792...