Exercise of Options
Jubilee Metals Group PLC has announced the issuance of 7,540,000 new ordinary shares following the exercise of employee stock options with a total strike price value of £0.08 million. These new shares, representing 0.23% of the enlarged issued capital, are expected to be admitted to trading on AIM and Altx on or around June 25, 2026. Following this issuance, the Company's total issued share capital will be 3,230,841,150 ordinary shares.
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Altx share code: JBL
Jubilee Metals Group Plc
('Jubilee' or 'the Company' or 'the Group')
Exercise of Options
Jubilee, the integrated copper producer and resource developer in Zambia, announces the issue of 7 540 000 new ordinary shares (Option Shares) following the exercise of options by an employee. These options comprise all remaining options held by the employee and have a total strike price value of £0.08 million.
The Option Shares were granted under the Company's share option plan, established in April 2016 and amended in May 2022. The Option Shares represent 0.23% of the enlarged issued capital of the Company.
Admission and total voting rights
The Option Shares are expected to be admitted to trading on AIM and listed on the Altx of the JSE Limited on or about 25 June 2026 (Admission) and will rank pari passu with the ordinary shares of the Company in issue.
Following Admission, the Company's total issued share capital will comprise 3 230 841 150 ordinary shares. As the Company holds no shares in treasury, shareholders may use this figure as the denominator when calculating whether they are required to notify the Company of their interest in, or any change to their interest in the Company's share capital.
United Kingdom
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.