AQUARIUS PLATINUM LIMITED - Change of Director's interest notice

Change of Director's interest notice

Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284

Rule 3.19A.2
Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available.
Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11

Name of entity                                 Aquarius Platinum Limited
ABN                                            087 577 893

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act.

Name of Director                         Mr Jean Nel
Date of last notice                      2 May 2013

Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible
entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of
“notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest                        Direct
Nature of indirect interest                        -
(including registered holder)
Note: Provide details of the circumstances
giving rise to the relevant interest.

Date of change                                     12 December 2013
No. of securities held prior to change             609,970
Class                                              Common shares
Number acquired                                    847,667
Number disposed                                    -
Value/Consideration                                681,000 shares issued at a deemed issue
Note: If consideration is non-cash, provide        price of US$0.62 in accordance with the
details and estimated valuation                    Company’s Directors and Employee’s Share
                                                   Plan as approved by shareholders on 29
                                                   November 2013 (comprising 177,000 shares
                                                   in lieu of salary and 504,000 shares in lieu of
                                                   cash bonus).
                                                   166,667 shares for nil consideration in
                                                   accordance with the Company’s
                                                   Director/Employee Long Term Share Plan.

No. of securities held after change                1,457,637
Nature of change                                   681,000 shares issued in lieu of cash salary
Example: on-market trade, off-market trade,        and bonuses awarded in accordance with the
exercise of options, issue of securities under     Company’s Directors and Employee’s Share
dividend reinvestment plan, participation in       Plan as approved by shareholders on 29
buy-back                                           November 2013.
                                                   166,667 shares for nil consideration in
                                                   accordance with the Company’s
                                                   Director/Employee Long Term Share Plan.


Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition
of “notifiable interest of a director” should be disclosed in this part.

Detail of contract                       Agreement between the Company and Mr Nel to
                                         acquire shares in lieu of salary and cash bonuses over
                                         the 36 month period commencing 1 July 2013, as
                                         approved by shareholders on 29 November 2013.
Nature of interest                       Right to acquire shares in lieu of salary and cash
                                         bonuses over the 36 month period commencing 1 July
                                         2013.
Name of registered holder                Mr Jean Nel
(if issued securities)

Date of change                           12 December 2013

No. and class of securities to which     N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed

Interest acquired                        Right to acquire up to 4,467,000 shares in lieu of salary
                                         and cash bonuses.
Interest disposed                        N/A

Value/Consideration                      Deemed issue price of US$0.62 per share.
Note: If consideration is non-cash,
provide details and an estimated
valuation

Interest after change                    N/A
Part 3 – +Closed period

Were the interests in the securities or contracts detailed       No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade
to proceed during this period?
If prior written clearance was provided, on what date was
this provided?




12 December 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 12/12/2013 10:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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