15th Jul 2009 15:00
Jubilee Platinum PLC
15 July 2009
AIM: JLP
JSE: JBL
Registration number: 4459850
ISIN GB0031852169
JUBILEE PLATINUM PLC
("Jubilee" or "the company")
Issue of shares
Application has been made to the London Stock Exchange and the JSE Limited ("JSE") for 1,775,000 new ordinary shares of 1p each in Jubilee to be issued and listed on the JSE and admitted to trading on AIM on16 July 2009.
The new shares have been allotted and issued as part of a private placement for cash at a price of ZAR4.70 per share on 16 July 2009. The funds raised will be used to cover transaction costs and intermediary working capital requirements relating to the proposed Braemore Resources Plc acquisition. The new shares will rank pari passu in all respects with the existing ordinary shares of the Company.
Following admission to trading of the above new shares, the total of Jubilee ordinary shares of 1p each in issue will be 120,149,269.
For further information please contact:
Colin Bird Suzanne Johnson-Walsh /Michael Kinirons
Jubilee Platinum plc Bishopsgate Communications Ltd
Tel +44 (0) 20 7584 2155 Tel +44 (0) 20 7562 3350
Andrew Sarosi Brian Christie/Leonard Eiser
Jubilee Platinum plc Sasfin Capital
Tel +44 (0) 1752 221937 Tel +27 (0) 11 809 7500
Matthew Robinson/Rose Herbert
FinnCap
Tel +44 (0) 20 7600 1658
Related Shares:
Jubilee Metals