JBL - Jubilee Platinum Plc - Shareholder update and withdrawal of cautionary
JBL
JUJLP
JBL - Jubilee Platinum Plc - Shareholder update and withdrawal of cautionary
announcement
JUBILEE PLATINUM PLC
("Jubilee" or "the Company")
AIM: JLP
JSE: JBL
Registration number: 4459850
ISIN: GB0031852162
("Jubilee" or "the Company")
SHAREHOLDER UPDATE AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Further to the announcement dated 20 May 2011, in which Jubilee advised that it
had received an approach and held discussions regarding the making of a possible
offer for the Company, Jubilee advises that due to current market conditions
both parties have ended talks regarding a merger of the two entities. However,
discussions continue with regards to the formation of strategic joint ventures
for the co-funding of Jubilee`s short and medium term business plan whilst
ensuring that Jubilee retains its exclusive processing rights to the ConRoast
process.
Shareholders are referred to the cautionary announcement published on 20 May
2011 and are advised that as the subject matter of the cautionary announcement
has ended, the said cautionary announcement is withdrawn.
For further information please contact:
Colin Bird/Leon Coetzer/Andrew Sarosi
Jubilee Platinum plc
Tel +44 (0) 20 7584 2155 / Tel +27 (0)11 465 1913/+44 (0)1752 221937
Matthew Robinson/Ed Frisby/Ben Thompson - Corporate Finance
finnCap Ltd
Tel +44 (0) 20 7600 1658
Michael Kinirons/Nick Rome
Bishopsgate Communications Ltd
Tel +44 (0) 20 7562 3350
17 June 2011
Johannesburg
Sponsor
Sasfin Capital
(A division of Sasfin Bank Ltd)
Date: 17/06/2011 15:56:22 Produced by the JSE SENS Department.
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