Director/PDMR Shareholding

By

Regulatory News | 23 Jul, 2024

Updated : 07:01

RNS Number : 3680X
Jubilee Metals Group PLC
23 July 2024
 

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 of instrument Identification code

Ordinary Shares

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

 

 

 

 

 

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