JBL
JUJLP
JBL - Jubilee - Directors Dealings
Jubilee Platinum Plc
Registration number: 4459850
ISIN: GB0031852162
("Jubilee" or "the Company")
AIM: JLP
JSE: JBL
Jubilee Platinum today announces that Colin Bird, a Director and Chief Executive
officer of the Company has agreed to release 3 million of his personal shares to
a South African institution at a price of ZAR16 per share (market price).
The transaction was agreed by Mr. Bird to make shares available for trading on
the JSE Limited ("JSE") with the purpose to increase liquidity in Johannesburg.
Jubilee has traded on the JSE since its secondary listing in December 2006 and
only 14.28 percent of its total shareholder base is registered on the JSE.
The transaction will result in Mr. Bird`s holding in Jubilee being reduced by
some 33 percent and allows him to diversify his portfolio after some six years
of intensive involvement during the private phase and the subsequent AIM
listing.
Malcolm Burne, Chairman of Jubilee, said: "This transaction was agreed on the
basis of a need for South African liquidity in Jubilee without diluting Jubilee
shareholders".
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed:
Company director: Colin Bird
Date of transaction: 27 July 2007
Number of shares: 3,000,000
Price of shares: Rand16
Class of shares: Ordinary shares of GBP0.01
Nature of transaction: Sale
Nature of interest: Direct
Clearance: Clearance in terms of par. 3.66 of the JSE
Listings Requirements was obtained.
For further information please contact:
Colin Bird Louise Goodeve/ Justine Howarth
Jubilee Platinum plc Parkgreen Communications Ltd
Tel +44 (0) 20 7584 2155 Tel +44 (0) 20 7851 7480
Date 31 July 2007
Sponsor:
Investec Bank Limited
Date: 31/07/2007 10:00:01 Produced by the JSE SENS Department.
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