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JUBILEE METALS GROUP PLC - Dealing in securities

Release Date: 23/07/2024 08:00
Code(s): JBL     PDF:  
Wrap Text
Dealing in securities

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      Details of the person discharging managerial responsibilities / person closely
        associated

 a)     Name                                                  Neal Reynolds

 2      Reason for notification

 a)     Position / status                                     Chief Financial Officer

 b)     Initial notification                                  Initial

        /Amendment
 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        Ordinary Shares
        of instrument Identification code
                                                             ISIN: GB0031852162

 b)     Nature of the transaction                            Acquire ordinary shares

 c)     Price(s) and volumes(s)                              Acquired 415 000 at a price
                                                             of 6.40 pence


 d)     Aggregated information                               n/a

 e)     Date of the transaction                              22 July 2024

 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                                Neal Reynolds
 Date of transaction                             22 July 2024
 Number of shares                                415 000
 Price per share                                 6.40 pence/ZAR 1.51
 Class of shares                                 Ordinary
 Nature of transaction                           Purchase of Ordinary Shares on the open
                                                 market
 Nature of interest                              Direct beneficial
 Total value                                     GBP 26 560 / ZAR 626 550

Date: 23-07-2024 08:00:00
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