AQPB - Aquarius - Applicable Interest Rate On ZAR650 Million Floating Rate
AQP AQPB
AQP AQPB
AQPB - Aquarius - Applicable Interest Rate On ZAR650 Million Floating Rate
Senior Secured Convertible Bonds
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC 26290
Share Code JSE: AQPB
ISIN Code: ZAE000134540
("Aquarius" or the "Company")
13 May 2009
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA OR JAPAN
APPLICABLE INTEREST RATE ON ZAR650 MILLION FLOATING RATE SENIOR SECURED
CONVERTIBLE BONDS
Further to the listing by Aquarius of 65,000 floating rate senior secured
convertible bonds ("Bonds") (the "Bond Issue") on the Main Board of the JSE
Limited on 11 May 2009 and pursuant to the requirement for the notification of
the interest rate applicable on the Bonds as contained in paragraph 8.4 of the
Offering Circular for the Bonds, Aquarius announces that the applicable interest
rate on the Bonds for the interest period commencing 11 May 2009 and ending 31
July 2009 will be 11.008%, being the sum of 3 month JIBAR as at 11h00 on Monday
11 May 2009 and the margin on the Bonds which is set at 3%.
An amount of R244.28 per Bond will be compounded on 31 July 2009, being
calculated by multiplying the applicable interest rate for the period stated
above by the principal amount of R10,000 of each Bond and multiplying such
product by the actual number of days that will elapse during the period
commencing 11 May 2009 and ending 31 July 2009, and then dividing that product
by 365.
Contacts
Aquarius Platinum Limited:
Willi Boehm +61 (0)8 9367 5211
Nick Bias +41 (0)79 888 1642
Date: 13/05/2009 12:27:01 Produced by the JSE SENS Department.
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