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SOAPSTONE INVESTMENT LIMITED - Notice to Noteholders regarding the Operational Update and Suspension of the DiamondCorp Plc Shares - DMCCB

Release Date: 16/11/2016 13:45
Code(s): DMCCB     PDF:  
Wrap Text
Notice to Noteholders regarding the Operational Update and Suspension of the DiamondCorp Plc Shares - DMCCB

Soapstone Investment Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011940/06)
Soapstone stock code: DMCCB
ISIN: ZAE000180204
DiamondCorp share code: DMC
(“Soapstone”)

NOTICE TO NOTEHOLDERS REGARDING THE OPERATIONAL UPDATE AND SUSPENSION OF
THE DIAMONDCORP PLC SHARES

Noteholders are advised of the Stock Exchange News Service (“SENS”)
announcement released, on the alternative exchange of the JSE Limited
(“the JSE”) in terms of the Diamond Corp PLC (“DiamondCorp” or “the
Company”) Operational Update and Suspension of Shares on 14 November 2016
whereby DiamondCorp, the Guarantor to the Soapstone ZAR40,000,000.00 14%
Fixed Rate Senior Secured Convertible Registered Bonds, provided an
operational update in terms of DiamondCorp’s Lace Mine and the flooding
which has occurred due to the weather conditions.

Noteholders are further advised that DiamondCorp has requested suspension
of the Company’s shares from trading on both the AIM Market of the London
Stock Exchange and on the Alternative Exchange of the JSE Limited with
effect from 07:30 a.m. UK time and 09:00 a.m. SA time, respectively.

Soapstone wishes to advise note holders that the above mentioned
announcement does not affect the terms and conditions of the Guarantee.


15 November 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 16/11/2016 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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