Jubilee Platinum new equity issue to commence trading on Thursday
Mine-to-metal specialist Jubilee Platinum expects that its recent issue of equity will be admitted to trading on AIM and the JSE on January 17th.
Mine-to-metal specialist Jubilee Platinum expects that its recent issue of equity will be admitted to trading on AIM and the JSE on January 17th.
The news follows Jubilee's announcement on January 10th that it would issue 15,757,576 ordinary shares under a SEDA Advance.
The group further announced that it would issue 538,084 ordinary shares of 1p each in lieu of cash for corporate advisory fees.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It is expected that the shares will be admitted to trading on AIM and the JSE on January 18th.
As of January 18th, following both of the share issues, the total issued share capital of the company will be 337,430,390 and the total number of voting rights in the company will be 337,430,390.
Jubilee's shareprice was unchanged at 9p at 11:18 on Tuesday morning.
MF
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Christmas at Chatsworth: review of The Cavendish Hotel at Baslow
MoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
By Dr Matthew Partridge Published
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published