Jubilee Metals Group Plc
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Jubilee Metals Group PLC
("Jubilee" or the "Company")
Directors' Share Purchases
Jubilee, the AIM and Altx traded metals processing company, was notified on 28 January 2021, that Colin Bird, Non- Executive Chairperson of the Company, purchased 500 000 Jubilee ordinary shares ("Ordinary Shares") of 1 pence each at a price of 10.77 pence (ZAR 223.26 cents) and Leon Coetzer, Chief Executive Officer of the Company purchased 500 000 Ordinary Shares of 1 pence each at a price of 10.90 pence (ZAR 225.96 cents) per Ordinary Share. Following the share purchases, Colin Bird is interested in 500 000 Ordinary Shares, representing approximately 0.022% and Leon Coetzer is interested in 527 810 Ordinary Shares, representing approximately 0.024% of the issued share capital of the Company.
Leon Coetzer, CEO, commented: "Along with my Chairperson, I am pleased to be acquiring a further stake in Jubilee at this exciting stage in the Company's development. The strong support we experience from our shareholders, institutional and retail, is an endorsement of Jubilee's developments to date and I am very excited about the future growth and prospects of our Company."
The Directors' interests in the shares of the Company as of today are as follows:
Number of
ordinary shares %
| C Bird (Direct) L Coetzer (Direct) Dr M Phosa (Indirect)1 | 500 000 527 810 2 727 384 | 0.022 0.024 0.122 |
| Total | 3 755 194 | 0.168 |
1= Dr Phosa holds his interest in Jubilee through his trust NMP Trust of which he is a trustee.
29 January 2021
For further information visit www.jubileemetalsgroup.com or contact:
Jubilee Metals Group PLC
Colin Bird/Leon Coetzer
Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913
Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
Joint Broker - Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Tel +44 (0) 20 7186 9900
Joint Broker - WHIreland
Harry Ansell/Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618
JSE Sponsor - Sasfin Capital (a member of the Sasfin group)
Sharon Owens
Tel +27 (0) 11 809 7500
PR & IR Adviser - St Brides Partners Limited
Catherine Leftley/Beth Melluish
Tel +44 (0) 20 7236 1177
The Company provides the following notifications and public disclosures of the share purchases, in a total of 1 000 000 New Ordinary Shares, by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Colin Bird |
| 2 | Reason for notification | |
| a) | Position / status | Non-executive Chairman |
| b) | Initial notification /Amendment | Initial |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | |
| a) | Name | Jubilee Metals Group PLC |
| b) | LEI | 2138002XB5DB3B87SH92 |
| 4 | 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 | Ordinary Shares ISIN: GB0031852162 |
| b) | Nature of the transaction | Acquire new shares |
| c) | Price(s) and volumes(s) | Acquired 500,000 at 10.77 pence
|
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 28 January 2021 |
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Leon Coetzer |
| 2 | Reason for notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification /Amendment | Initial |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | |
| a) | Name | Jubilee Metals Group PLC |
| b) | LEI | 2138002XB5DB3B87SH92 |
| 4 | 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 | New Ordinary Shares ISIN: GB0031852162
|
| b) | Nature of the transaction | Acquire new shares |
| c) | Price(s) and volumes(s) | Acquired 500,000 at 10.90 pence |
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 28 January 2021 |
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
In compliance with Rules 3.63 of the JSE Listing Requirements, the following information is disclosed:
Company director: Colin Bird
Date of transaction: 28 January 2021
Number of shares: 500 000
Price per share: 10.77 pence/ZAR 223.26 cents
Class of shares: Ordinary
Nature of transaction: Purchase of Ordinary Shares on the open market
Nature of interest: Direct beneficial
Total value: GBP 53,850 /ZAR 1, 116, 311
Company director: Leon Coetzer
Date of transaction: 28 January 2021
Number of shares: 500 000
Price per share: 10.90 pence/ZAR 225.96 cents
Class of shares: Ordinary
Nature of transaction: Purchase of Ordinary Shares on the open market
Nature of interest: Direct beneficial
Total value: GBP 57,531 /ZAR 1,192,624
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
