Jubilee Metals Group PLC
Registration number: 4459850
AIM
share code: JLP
Altx share code: JBL
ISIN: GB0031852162
Jubilee Metals Group PLC ('Jubilee' or 'the
Company')
Dissemination 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.
Dealing in securities
Jubilee, a leading diversified
metals processor in Africa with significant operations in South
Africa and Zambia, was notified on 22 July
2024, that Neal Reynolds, Chief Financial Officer of the Company,
purchased 415 000 Jubilee ordinary shares ("Ordinary Shares") at an
average price of 6.40 pence (ZAR1.51) per Ordinary
Share.
Following this purchase, Neal
Reynolds holds 415 000 Ordinary Shares, representing approximately
0.0138% of the issued share capital of the Company.
23 July 2024
**ENDS**
For further information visit
www.jubileemetalsgroup.com,
follow Jubilee on Twitter (@Jubilee_Metals) or contact:
Jubilee Metals Group
PLC
Leon Coetzer (CEO) /Neal Reynolds (CFO)
Tel: +27 (0) 11 465
1913
Nominated Adviser - SPARK Advisory
Partners Limited
Andrew Emmott/James
Keeshan
Tel: +44 (0) 20 3368
3555
PR & IR Adviser -
Tavistock
Jos Simson/ Gareth
Tredway
Tel: +44 (0) 207 920
3150
Joint Broker - RBC Capital
Markets
Farid Dadashev/Jamil Miah
Tel +44 (0) 20 7653 4000
Joint Broker - Zeus
Capital
Harry Ansell/Katy
Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0)
113 394 6618
JSE Sponsor - Questco Corporate
Advisory Proprietary Limited
Alison McLaren
Tel: +27 (0)11 011 9207
About Jubilee
Jubilee is a low-cost, diversified
producer, specialising in the recovery of metal from previously
overlooked resources, such as unprocessed historical waste rock,
run-of-mine materials and tailings in South Africa and Zambia. The
Company's low-capex, modular processing facilities are deployed
close to these various types of material, producing high grade
concentrates for sale or further refining to finished metal at the
Company's downstream facilities. Production currently consists of
chrome, copper and platinum group metals (PGMs). The modular
processing facilities offer a platform for growth and the rapid
expansion of its operational footprint. Jubilee's success is
derived from operational excellence, a highly experienced
management team and a pioneering Technical Development
Centre.
The Company provides the following
notifications and public disclosures of the share purchases, by
persons discharging managerial responsibilities ("PDMRs") and
persons closely associated ("PCA") with them:
|
1
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Details of the
person discharging managerial responsibilities / person closely
associated
|
|
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a)
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Name
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Neal Reynolds
|
|
|
2
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Reason for notification
|
|
|
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a)
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Position / status
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Chief Financial Officer
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|
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b)
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Initial notification
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Initial
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|
|
/Amendment
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|
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3
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Details of the issuer,
emission allowance market participant, auction platform,
auctioneer, or auction monitor
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|
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a)
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Name
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Jubilee Metals Group PLC
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|
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b)
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LEI
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2138002XB5DB3B87SH92
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|
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4
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Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
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Ordinary Shares
|
|
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ISIN: GB0031852162
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|
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b)
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Nature of the transaction
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Acquire ordinary shares
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|
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c)
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Price(s) and volumes(s)
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Acquired 415 000 at a price of 6.40
pence
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|
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d)
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Aggregated information
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n/a
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|
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e)
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Date of the transaction
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22 July 2024
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|
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f)
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Place of the transaction
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London Stock Exchange, AIM
Market (XLON)
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|
In compliance with Rules 3.63 of the
JSE Listing Requirements, the following information is
disclosed:
|
Company director
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Neal Reynolds
|
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Date of transaction
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22 July 2024
|
|
Number of shares
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415 000
|
|
Price per share
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6.40 pence/ZAR 1.51
|
|
Class of shares
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Ordinary
|
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Nature of transaction
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Purchase of Ordinary Shares on the
open market
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Nature of interest
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Direct beneficial
|
|
Total value
|
GBP 26 560 / ZAR
626 550
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