JBL
JUJLP
JBL - Jubilee Platinum plc - Issue of shares
Jubilee Platinum plc
("Jubilee" or "the Company")
Share code: JBL
ISIN: GB0031852162
29 March 2007
ISSUE OF SHARES
Application has been made to the London Stock Exchange for 1,923,077 new
Ordinary Shares of GBP0.01 each to be admitted to trading on AIM and on the
JSE. Dealing is expected to commence in these shares on 2 April, 2007.
These Ordinary Shares have been allotted to South African financial
institutions at a strike price of ZAR 13 (91.1p), the proceeds of which
will be used to secure the Company`s position in acquiring the first
tranche of Tjate Platinum Corporation shares from NewPlats (Tjate)
(Proprietary) Ltd ("NewPlats") under the Sale of Shares agreement concluded
between the Company and NewPlats (announced 8 December 2006).
These shares rank pari passu in all respects with the existing Ordinary
Shares of the Company.
Following admission to trading of the above shares, the total shares in
issue will be 81,062,051.
For further information please contact:
Colin Bird Cathy Malins / Annabel Leather
Jubilee Platinum plc Parkgreen Communications Ltd
Tel: 07768 397 627 Tel +44 20 7851 7480
Date: 29/03/2007 13:09:10 Produced by the JSE SENS Department.
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