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AQUARIUS PLATINUM LIMITED - Change of Director's Interest Notice

Release Date: 06/10/2014 12:47
Code(s): AQP     PDF:  
Wrap Text
Change of Director's Interest Notice

Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
ISIN Code: BMG0440M1284
JSE Share Code: AQP
                                                                                                   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 David Dix
Date of last notice                                       25 July 2014

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                                                             06 October 2014
No. of securities held prior to change                                     340,522
Class                                                                      Common shares
Number acquired                                                            14,623
Number disposed                                                            -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated          US$0.3847
valuation
No. of securities held after change                                        355,145
Nature of change                                                           Shares issued in lieu of Directors Fees
                                                                           awarded in accordance with the
Example: on-market trade, off-market trade, exercise of options,           Company’s Directors and Employee’s
issue of securities under dividend reinvestment plan, participation        Share Plan as approved by shareholders
in buy-back                                                                on 29 November 2013
                                                               
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 Dix to acquire
                                                        shares in lieu of 25% of Director’s Fees over the 36
                                                        month period commencing 1 January 2014, as approved
                                                        by shareholders on 29 November 2013.
Nature of interest                                      Right to acquire shares on a quarterly basis in lieu of
                                                        Director’s fees over the 36 month period commencing 1
                                                        January 2014. The number of shares acquired will be
                                                        determined by dividing 25% of the Director’s fees
                                                        accruing to Mr Dix for the preceding quarter by the
                                                        simple average of the Company’s share price over that
                                                        same quarter.
Name of registered holder                               Securities to be issued in the name of Mr Dix
(if issued securities)
Date of change                                          N/A
No. and class of securities to                          N/A
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed

Interest acquired                                       N/A
Interest disposed                                       N/A
Value/Consideration                                     N/A
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       In accordance with the Aquarius
detailed above traded during a +closed period           Platinum Limited Securities
where prior written clearance was required?             Trading Policy, restrictions do
                                                        not apply to participation in an
                                                        employee share plan.
If so, was prior written clearance provided to allow    N/A
the trade to proceed during this period?
If prior written clearance was provided, on what        N/A
date was this provided?

Name of Director                                        Mr G E Haslam
Date of last notice                                     25 July 2014

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                                                             6 October 2014
No. of securities held prior to change                                     85,522
Class                                                                      Common shares
Number acquired                                                            14,623
Number disposed                                                            -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated          US$0.3847
valuation
No. of securities held after change                                        100,145

Nature of change                                                           Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,           awarded in accordance with the
issue of securities under dividend reinvestment plan, participation        Company’s Directors and Employee’s
in buy-back                                                                Share Plan as approved by shareholders
                                                                           on 29 November 2013
                                                                     
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 Haslam to
                                                          acquire shares in lieu of 25% of Director’s Fees over the
                                                          36 month period commencing 1 January 2014, as
                                                          approved by shareholders on 29 November 2013.
Nature of interest                                        Right to acquire shares on a quarterly basis in lieu of
                                                          Director’s fees over the 36 month period commencing 1
                                                          January 2014. The number of shares acquired will be
                                                          determined by dividing 25% of the Director’s fees
                                                          accruing to Mr Haslam for the preceding quarter by the
                                                          simple average of the Company’s share price over that
                                                          same quarter.
Name of registered holder                                 Securities to be issued in the name of Mr Haslam
(if issued securities)

Date of change                                            N/A

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

Interest acquired                                         N/A
Interest disposed                                         N/A
Value/Consideration                                       N/A
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         In accordance with the Aquarius
detailed above traded during a +closed period             Platinum Limited Securities
where prior written clearance was required?               Trading Policy, restrictions do
                                                          not apply to participation in an
                                                          employee share plan.
If so, was prior written clearance provided to allow      N/A
the trade to proceed during this period?
If prior written clearance was provided, on what          N/A
date was this provided?

Name of Director                                          Mr Jean Nel
Date of last notice                                       26 August 2014

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                                                         6 October 2014
No. of securities held prior to change                                 3,434,791

Class                                                                  Common shares
Number acquired                                                        313,290
Number disposed                                                        -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated      US$0.35
valuation

No. of securities held after change                                    3,748,081

Nature of change                                                       Shares issued in lieu of salary as
Example: on-market trade, off-market trade, exercise of options,       approved by shareholders on 29 November 2013.
issue of securities under dividend reinvestment plan, participation       
in buy-back                                                               

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                                 Securities to be issued in the name of Mr Jean Nel.
(if issued securities)

Date of change                                            N/A

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

Interest acquired                                         N/A
Interest disposed                                         N/A
Value/Consideration                                       N/A
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         In accordance with the Aquarius
detailed above traded during a +closed period             Platinum Limited Securities
where prior written clearance was required?               Trading Policy, restrictions do
                                                          not apply to participation in an employee share plan.

If so, was prior written clearance provided to allow      N/A
the trade to proceed during this period?
If prior written clearance was provided, on what          N/A
date was this provided?

Name of Director                                          Mr Kofi Morna
Date of last notice                                       25 July 2014

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                                                       6 October 2014
No. of securities held prior to change                               (a) 40,522 shares (Held Direct)
                                                                     (b) 28,167,923 shares (Held Indirect)
Class                                                                 Common shares
Number acquired                                                      14,623
Number disposed                                                      -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation                                                             US$0.3847

No. of securities held after change                                    (a) 55,145 shares
                                                                       (b) 28,167,923 shares

Nature of change                                                       Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,       awarded in accordance with the
issue of securities under dividend reinvestment plan, participation    Company’s Directors and Employee’s
in buy-back                                                            Share Plan as approved by shareholders on 29 November 2013       
                                                               
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 Morna to
                                                        acquire shares in lieu of 25% of Director’s Fees over the
                                                        36 month period commencing 1 January 2014, as
                                                        approved by shareholders on 29 November 2013.
Nature of interest                                      Right to acquire shares on a quarterly basis in lieu of
                                                        Director’s fees over the 36 month period commencing 1
                                                        January 2014. The number of shares acquired will be
                                                        determined by dividing 25% of the Director’s fees
                                                        accruing to Mr Morna for the preceding quarter by the
                                                        simple average of the Company’s share price over that
                                                        same quarter.
Name of registered holder                               Securities to be issued in the name of Mr Morna
(if issued securities)

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


Interest acquired                                       N/A

Interest disposed                                       N/A
Value/Consideration                                     N/A
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       In accordance with the Aquarius
detailed above traded during a +closed period           Platinum Limited Securities
where prior written clearance was required?             Trading Policy, restrictions do
                                                        not apply to participation in an employee share plan.
If so, was prior written clearance provided to allow    N/A
the trade to proceed during this period?
If prior written clearance was provided, on what        N/A
date was this provided?

Name of Director                                        Mr Nicholas Sibley
Date of last notice                                     25 July 2014

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                                                         6 October 2014
No. of securities held prior to change                                 5,722,477
Class                                                                  Common shares
Number acquired                                                        32,170
Number disposed                                                                                  -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated      US$0.3847
valuation
No. of securities held after change                                    5,754,647
Nature of change                                                       Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,       awarded in accordance with the Company’s
issue of securities under dividend reinvestment plan, participation    Directors and Employee’s Share Plan as
in buy-back                                                            approved by shareholders on 29 November 2013
                                                                                                                                                                  
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 Sibley
                                                        to acquire shares in lieu of 25% of Director’s Fees
                                                        over the 36 month period commencing 1 January
                                                        2014, as approved by shareholders on 29
                                                        November 2013.
Nature of interest                                      Right to acquire shares on a quarterly basis in lieu
                                                        of Director’s fees over the 36 month period
                                                        commencing 1 January 2014. The number of
                                                        shares acquired will be determined by dividing
                                                        25% of the Director’s fees accruing to Mr Sibley
                                                        for the preceding quarter by the simple average of
                                                        the Company’s share price over that same
                                                        quarter.
Name of registered holder                               Securities to be issued in the name of Mr Sibley
(if issued securities)

Date of change                                          N/A
No. and class of securities to                          N/A
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired                                       N/A
Interest disposed                                       N/A
Value/Consideration                                     N/A
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       In accordance with the Aquarius
detailed above traded during a +closed period           Platinum Limited Securities Trading Policy, restrictions do
where prior written clearance was required?             not apply to participation in an employee share plan.            
                                               
                                                                                         
If so, was prior written clearance provided to allow    N/A
the trade to proceed during this period?
If prior written clearance was provided, on what        N/A
date was this provided?

Name of Director                                        Ms Sonja De Bruyn Sebotsa
Date of last notice                                     25 July 2014

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                                                           6 October 2014
No. of securities held prior to change                                   40,522
Class                                                                    Common shares
Number acquired                                                          14,623
Number disposed                                                          -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated        US$0.3847
valuation

No. of securities held after change                                      55,145

Nature of change                                                         Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,         awarded in accordance with the
issue of securities under dividend reinvestment plan, participation      Company’s Directors and Employee’s
in buy-back                                                              Share Plan as approved by shareholders on 29 November 2013
                                                            
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 Ms De Bruyn
                                                       Sebotsa to acquire shares in lieu of 25% of Director’s
                                                       Fees over the 36 month period commencing 1 January
                                                       2014, as approved by shareholders on 29 November
                                                       2013.
Nature of interest                                     Right to acquire shares on a quarterly basis in lieu of
                                                       Director’s fees over the 36 month period commencing 1
                                                       January 2014. The number of shares acquired will be
                                                       determined by dividing 25% of the Director’s fees
                                                       accruing to Ms De Bruyn Sebotsa for the preceding
                                                       quarter by the simple average of the Company’s share
                                                       price over that same quarter.
Name of registered holder                              Securities to be issued in the name of Ms De Bruyn
(if issued securities)                                 Sebotsa

Date of change                                         N/A
No. and class of securities to                         N/A
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed
 
Interest acquired                                      N/A
Interest disposed                                      N/A
Value/Consideration                                    N/A
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      In accordance with the Aquarius
detailed above traded during a +closed period          Platinum Limited Securities
where prior written clearance was required?            Trading Policy, restrictions do
                                                       not apply to participation in an employee share plan.
If so, was prior written clearance provided to allow   N/A
the trade to proceed during this period?
If prior written clearance was provided, on what       N/A
date was this provided?

Name of Director                                       Mr Timothy Freshwater
Date of last notice                                    25 July 2014

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                                                           6 October 2014
No. of securities held prior to change                                   1,007,566
Class                                                                    Common shares
Number acquired                                                          14,623
Number disposed
                                                                         -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation                                                                US$0.3847

No. of securities held after change                                      1,022,189

Nature of change                                                         Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,         awarded in accordance with the
issue of securities under dividend reinvestment plan, participation      Company’s Directors and Employee’s
in buy-back                                                              Share Plan as approved by shareholders
                                                                         on 29 November 2013
                                                                         
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
                                                                  Freshwater to acquire shares in lieu of 25% of
                                                                  Director’s Fees over the 36 month period
                                                                  commencing 1 January 2014, as approved by
                                                                  shareholders on 29 November 2013.
Nature of interest                                                Right to acquire shares on a quarterly basis in lieu
                                                                  of Director’s fees over the 36 month period
                                                                  commencing 1 January 2014. The number of
                                                                  shares acquired will be determined by dividing
                                                                  25% of the Director’s fees accruing to Mr
                                                                  Freshwater for the preceding quarter by the
                                                                  simple average of the Company’s share price
                                                                  over that same quarter.
Name of registered holder                                         Securities to be issued in the name of Mr
(if issued securities)                                            Freshwater

Date of change                                                    N/A
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                                                 N/A
Interest disposed                                                 N/A
Value/Consideration                                               N/A
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                In accordance with the Aquarius
detailed above traded during a +closed period                    Platinum Limited Securities
where prior written clearance was required?                      Trading Policy, restrictions do
                                                                 not apply to participation in an
                                                                 employee share plan.
If so, was prior written clearance provided to allow             N/A
the trade to proceed during this period?
If prior written clearance was provided, on what                 N/A
date was this provided?

Name of Director                                                 Mr Zwelakhe Mankazana
Date of last notice                                              25 July 2014

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                                                         6 October 2014
No. of securities held prior to change                                 (c) 40,522 shares (held direct)
                                                                       (d) 28,167,923 shares (held indirect)
Class                                                                  Common shares
Number acquired                                                        14,623
Number disposed                                                        -
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation                                                              US$0.3847

No. of securities held after change                                    (c) 55,145 shares (held direct)
                                                                       (d) 28,167,923 shares (held indirect)

Nature of change                                                         Shares issued in lieu of Directors Fees
Example: on-market trade, off-market trade, exercise of options,         awarded in accordance with the
issue of securities under dividend reinvestment plan, participation      Company’s Directors and Employee’s
in buy-back                                                              Share Plan as approved by shareholders
                                                                         on 29 November 2013
                                                                      
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 Mankazana
                                                        to acquire shares in lieu of 25% of Director’s Fees over
                                                        the 36 month period commencing 1 January 2014, as
                                                        approved by shareholders on 29 November 2013.
Nature of interest                                      Right to acquire shares on a quarterly basis in lieu of
                                                        Director’s fees over the 36 month period commencing 1
                                                        January 2014. The number of shares acquired will be
                                                        determined by dividing 25% of the Director’s fees
                                                        accruing to Mr Mankazana for the preceding quarter by
                                                        the simple average of the Company’s share price over
                                                        that same quarter.
Name of registered holder                               Securities to be issued in the name of Mr Mankazana
(if issued securities)

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

Interest acquired                                       N/A
Interest disposed                                       N/A
Value/Consideration                                     N/A
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       In accordance with the Aquarius
detailed above traded during a +closed period           Platinum Limited Securities
where prior written clearance was required?             Trading Policy, restrictions do
                                                        not apply to participation in an employee share plan.
If so, was prior written clearance provided to allow    N/A
the trade to proceed during this period?
If prior written clearance was provided, on what        N/A
date was this provided?

+ See chapter 19 for defined terms.

6 October 2014

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




 
 

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