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JUBILEE METALS GROUP PLC - TR-1: Standard form for notification of major holdings

Release Date: 06/11/2024 16:30
Code(s): JBL     PDF:  
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TR-1: Standard form for notification of major holdings

Jubilee Metals Group Plc
Registration number (4459850)
Altx share code: JBL
AIM share code: JLP
ISIN: GB0031852162
("Jubilee" or "the Company" or "the Group")

TR-1: Standard form for notification of major holdings

1. Issuer Details
 ISIN
  GB0031852162
 Issuer Name
  JUBILEE METALS GROUP PLC
 UK or Non-UK Issuer
  UK
2. Reason for Notification
  An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
 Name
  FIL Limited
 City of registered office (if applicable)
  Hamilton
 Country of registered office (if applicable)
  Bermuda
4. Details of the shareholder
 Full name of shareholder(s) if different from the person(s)
 subject to the notification obligation, above


 City of registered office (if applicable)


 Country of registered office (if applicable)


5. Date on which the threshold was crossed or reached
  04-Nov-2024
6. Date on which Issuer notified
  06-Nov-2024
7. Total positions of person(s) subject to the notification
obligation
                                              % of voting
                           % of voting        rights through       Total of both   Total number                                                             
                           rights attached    financial            in % (8.A +     voting rights held                                           
                           to shares (total   instruments          8.B)            in issuer                                                        
                           of 8.A)            (total of 8.B 1 +
                                              8.B 2)

  Resulting
  situation on
  the date on
  which                       4.970000         0.000000             4.970000        149376954
  threshold was
  crossed or
  reached

  Position of
  previous
                              5.080000         0.000000             5.080000
  notification (if
  applicable)

8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
                    
Class/Type of        Number of        Number of indirect                           % of indirect
shares ISIN          direct voting    voting rights           % of direct voting   voting rights                                                                                             
code(if possible)    rights           (DTR5.2.1)              rights (DTR5.1)      (DTR5.2.1)
                     (DTR5.1)

GB0031852162           0                149376954                 0.000000          4.970000

Sub Total 8.A          149376954                                  4.970000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                          Number of voting rights that      % of                                                                                       
Type of financial    Expiration Exercise/conversion       may be acquired if the            voting                                                                                 
instrument           date       period                    instrument is                     rights                                                                        
                                                          exercised/converted
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of                                                                              
financial        Expiration    Exercise/conversion     Physical or cash    Number of       % of                                                                                 
instrument       date          period                  settlement          voting rights   voting
                                                                                rights
Sub Total 8.B2

9. Information in relation to the person subject to the
notification obligation
2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add
additional rows as necessary)
                                                               % of voting
                                             % of voting       rights through
                                             rights if it      financial           Total of both if it
     Ultimate           Name of controlled   equals or is      instruments if it   equals or is higher
     controlling person undertaking          higher than the   equals or is        than the notifiable
                                             notifiable        higher than the     threshold
                                             threshold         notifiable
                                                               threshold

      FIL Limited       FIL Limited           4.970000         0.000000            4.970000%

                        FIL Financial
                        Services
      FIL Limited       Holdings              4.970000         0.000000            4.970000%                      
                        Limited

                        FIL Holdings
      FIL Limited       (UK) Limited          4.970000         0.000000            4.970000%                       

                        FIL
      FIL Limited       Investments           4.970000         0.000000            4.970000%
                        International

10. In case of proxy voting
 Name of the proxy holder


 The number and % of voting rights held


 The date until which the voting rights will be held


11. Additional Information


12. Date of Completion
 06-Nov-2024
13. Place Of Completion
 Dublin, Ireland.


5 November 2024


For further information visit www.jubileemetalsgroup.com, follow Jubilee on Twitter
(@Jubilee_Metals) or contact:

Jubilee Metals Group PLC

Leon Coetzer (CEO)/Jonny Morley-Kirk (FD)
Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546
Nominated Adviser - SPARK Advisory Partners Limited
Andrew Emmott/James Keeshan
Tel: +44 (0) 20 3368 3555
PR & IR Adviser - Tavistock
Jos Simson/ Gareth Tredway
Tel: +44 (0) 207 920 3150
Joint Broker - RBC Capital Markets
Farid Dadashev/Jamil Miah
Tel +44 (0) 20 7653 4000
Joint Broker - Zeus Capital
Harry Ansell/Katy Mitchell
Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618
JSE Sponsor - Questco Corporate Advisory Proprietary Limited
Alison McLaren
Tel: +27 63 482 3802


About Jubilee Metals Group Plc

Jubilee is a low-cost, diversified producer, specialising in the recovery of metal from previously
overlooked resources, such as unprocessed historical waste rock, run-of-mine materials and tailings
in South Africa and Zambia. The Company's low-capex, modular processing facilities are deployed
close to these various types of material, producing high grade concentrates for sale or further refining
to finished metal at the Company's downstream facilities. Production currently consists of chrome,
copper and platinum group metals (PGMs). The modular processing facilities offer a platform for
growth and the rapid expansion of its operational footprint. Jubilee's success is derived from
operational excellence, a highly experienced management team and a pioneering Technical
Development Centre.

Date: 06-11-2024 04:30:00
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