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AQP - Aquarius Platinum News Story

A$0.25 0.0  0.0%

Last Trade - 31/03/16

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £127.0m
Position in Universe th / 1832

Aquarius Platinum: Conversion Rates for Payment to Aquarius Shareholders

Mon 11th April, 2016 8:31am
AQUARIUS PLATINUM LIMITED

ASX, LSE & JSE

                                                                  11 April 2016

             CONVERSION RATES FOR PAYMENT TO AQUARIUS SHAREHOLDERS             

Aquarius Platinum Limited (Aquarius) refers to its announcement of 5 April in
relation to the payments to be made to Aquarius shareholders on completion of
the transaction with Sibanye Gold Limited (Sibanye).

As previously announced, each Aquarius shareholder will receive payment in the
currency of the country of the relevant branch register on which such
shareholders' shares are registered (ie Australian dollars (AUD), UK pounds
sterling (GBP) or South African rand (ZAR)), converted at the prevailing spot
exchange rate on Friday 8 April 2016 (Record Date).

Computershare Investor Services has advised Aquarius that on the Record Date
the USD offer consideration was exchanged into the local relevant currencies at
the following exchange rates: 1USD = GBP0.7095, AUD1.3228, and ZAR15.1983. 
Based on these exchange rates, the offer consideration of USD0.195 per Aquarius
share is equivalent to GBP0.138353, AUD0.257946 and ZAR2.963669.

Computershare will now remit the converted amounts to the relevant
shareholders. Payments to shareholders holding their shares on the Australian
and UK branch registers will be made on Friday, 15 April 2016.  Payments to
shareholders holding their shares on the South African branch register will be
made on Tuesday, 12 April 2016.

Aquarius will be delisted from the ASX, LSE and JSE on Wednesday, 13 April
2016.

For further information please contact:

In Australia:
Willi Boehm
Aquarius Platinum Corporate Services Pty Ltd
+61 (0) 8 9367 5211

In South Africa:
Jean Nel
Aquarius Platinum (South Africa) (Pty) Ltd
+27 (0) 10 001 2848

or visit: http://www.aquariusplatinum.com/

REGISTERED OFFICE

Aquarius Platinum Limited - Clarendon House - 2 Church Street - Hamilton HMCX
Bermuda

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211



END



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