Frequently Asked
Questions

JP Jenkins offers a matched bargain facility designed to enable the trading of shares / securities in private companies and unquoted public companies. This can provide some liquidity for shareholders who may wish to exit or partially exit their investment and realise a return. It also provides an opportunity for sophisticated, HNW and institutional investors to gain access to growth-stage and pre-IPO private equity investments that are not available elsewhere. The platform gives private and unlisted companies a shop window, where investors can find in one place all the important information about a company, such as financials and live pricing of shares with trading history. By using new, innovative technology from InfinitX, it can display live, real-time pricing with any registered broker or other financial institution. The platform fills a need in the marketplace, and is growing rapidly with new companies being added constantly.

You can find out more on their website here:

 About JP Jenkins

JPJenkins.com – Issuers

JP Jenkins is a trading name of infinitX Limited, a company incorporated in England & Wales with registration number 11551708 and whose registered office is at 85 Great Portland Street, London, England, W1W 7LT (JPJ). JPJ (FRN 950991) is an appointed representative of Prosper Capital LLP (FRN453007) (Prosper) which is authorised and regulated by the Financial Conduct Authority. You can see a detailed list of JP Jenkin’s authorisation and permissions on the FCA Register. The FCA is the conduct regulator for financial services firms in the UK. Further information is readily available on the FCA website.

Usually in the case of Pre-IPO or delisting, a company will decide to put in place a Matched Bargain Facility, the Facility will facilitate Shareholders buying and selling Ordinary Shares on a matched bargain basis. Shareholders or persons wishing to buy or sell Ordinary Shares will be able to leave an indication with JP Jenkins, through their stockbroker (JP Jenkins is unable to deal directly with members of the public), of the number of Ordinary Shares that they are prepared to buy or sell at an agreed price.

JP Jenkins can run an open trading venue or auction model for buying and selling existing shares in companies that have been admitted to trading on the JP Jenkins platform. All companies trading on the platform settle securely in CREST and orders are routed via regulated stockbrokers. Shares are freely transferable and there are no restrictions on participation in most cases.

More information can be found here: JPJenkins.com – How It Works

To participate and transact with companies admitted to JP Jenkins, shareholders and investors need to use a stockbroker. Over 40 UK regulated brokers regularly deal with clients on the JP Jenkins Platform. Follow this link on JP Jenkins website for the current list.

JPJenkins.com – Brokers

If the link doesn’t work please reply to this email and we will send you a pdf document with the list or you can go to JP Jenkins website and you will find the broker list from the drop down menu.

JPJenkins.com

Successful buyers and sellers will be charged 1.5% commission plus any additional fees that their stockbroker may charge. These fees are visible on the contract notes that are issued.

For all companies on the platform the share price or indicative price is determined from the latest funding round or third-party valuation. Once they have a starting point for the companies shown on JP Jenkins, the price is then determined from the trades that are settled. They can also run circuit breakers to manage the securities swings in price. The price of shares on the JP Jenkins platform tends to be less volatile than the general stock market and price stability is one of the advantages compared to a full stock exchange listing.

The first step, if you don’t have one already, is to open an account with a UK regulated stockbroker from the broker list.

JPJenkins.com – Brokers

If you are living in the UK most of the brokers on the list will be potentially suitable for you.  However, if you are outside the UK there are specific sections in the broker list where you will find brokers that deal with clients in Europe, the USA and ASIA (for example).

Consult the broker list and contact your chosen stockbroker directly, all contact details for each broker are in the broker list. Inform them you want to open an account and you want to sell your Omega Minerals Plc shares on the JP Jenkins Platform. The stockbroker will send you an application form to open an account with them (usually online application). The stockbroker will help you with any questions you may have, such as fees and charges for example. The account opening process can all be done online, there is no need to be physically present in the UK.

Inform your stockbroker how many shares you want to sell and at what price.  Your stockbroker will then contact JP Jenkins and express your interest in selling your shares.

JP Jenkins Ticker:- OMM:JPJ

ISIN:- GB00BSQNV490

Your shares will then be registered in the JP Jenkins matched bargain system waiting for a matching buyer.

If your stockbroker needs a hard copy of your share certificate, please send an email request to info@omegamineralsplc.com and we will organise that for you.

Once there is a match your shares will be transferred electronically to the buyer and you will receive the proceeds of the sale after broker fees.