Aquarius Platinum Final Results re Tender Offer

 
TIDMAQP 
 
AQUARIUS PLATINUM LIMITED 
 
ASX, LSE & JSE 
 
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE 
UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES 
OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON OR TO ANY PERSON LOCATED OR 
RESIDENT IN ITALY OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE 
THIS DOCUMENT. 
 
                                                                    15 May 2014 
 
     AQUARIUS PLATINUM LIMITED (THE "COMPANY") ANNOUNCES FINAL RESULTS OF 
              INVITATIONS TO HOLDERS OF CERTAIN CONVERTIBLE BONDS 
 
On 7 April 2014, the Company invited holders of its outstanding Convertible 
Bonds described below (the "Securities") to tender the outstanding Securities 
for repurchase by the Company (the "Tender Offer") on the terms of, and subject 
to the conditions contained in, the tender offer memorandum dated 7 April 2014 
(the "Tender Offer Memorandum") prepared by the Company. 
 
Capitalised terms used in this announcement shall have the meaning given to 
them in the Tender Offer Memorandum unless defined otherwise herein. All 
references to times in this announcement are to London time. 
 
Further to its announcement of indicative results in relation to the Tender 
Offer on 14 April 2014, the Company hereby announces (A) that the Funding 
Condition has been satisfied and (B) that the Company will accept for 
repurchase Securities validly tendered pursuant to the Tender Offer (which 
include an aggregate principal amount of Investec's Locked-Up Securities of 
U.S.$70,000,000) in full without pro-ration, in an aggregate principal amount 
equal to the Acceptance Amount set out below. 
 
Description of   Common code/  Repurchase    Aggregate        Acceptance       Pro-ration    Aggregate 
the Securities   ISIN          Price         principal amount Amount           factor        principal amount 
                                             of Securities                                   outstanding 
                                             tendered                                        following 
                                                                                             completion of 
                                                                                             the Tender Offer 
 
U.S.$300,000,000 047048206/    U.S.$92,000   U.S.$172,600,000 U.S.$172,600,000 N.A.          U.S.$125,400,000 
 4.00 per cent.  XS0470482067  per 
  Convertible                  U.S.$100,000 
 Bonds due 2015                in principal 
                               amount of 
                               Securities 
 
The Repurchase Price, together with Accrued Interest, will be paid to 
Securityholders whose Securities have been accepted for repurchase by the 
Company on the Settlement Date. Settlement is expected to be on Wednesday, 21 
May 2014. 
 
Unless stated otherwise, all announcements made by the Company in relation to 
the Tender Offer will be made public through the Notifying News Service(s), 
through the Clearing Systems for communication to Direct Participants, via an 
RIS announcement, by publication on the website of the Australian Securities 
Exchange and via a SENS announcement. Copies of all announcements, notices and 
press releases can also be obtained from the Tender Agent, the contact details 
for which are set out below. Significant delays may be experienced where 
notices are delivered to the Clearing Systems and Securityholders are urged to 
contact the Tender Agent for the relevant announcements during the course of 
the Tender Offer. In addition, Securityholders may contact the Dealer Managers 
for information using the contact details set out below. 
 
Requests for information in connection with the Tender Offer may be directed to 
the Dealer Managers: 
 
                              THE DEALER MANAGERS 
 
  Morgan Stanley & Co. International plc      Rand Merchant Bank, a division of 
              25 Cabot Square                  FirstRand Bank Limited (London 
               Canary Wharf                                Branch) 
              London E14 4QA                         2 - 6 Austin Friars 
              United Kingdom                           London EC2N 2HD 
                                                       United Kingdom 
       For information by telephone: 
           [phone]                 For information by telephone: 
                                                    [phone] 
                  Email: 
[e-mail]  Email: [e-mail] 
 
Requests for information in relation to the procedures for tendering Securities 
in, and for any documents or materials relating to, the Tender Offer should be 
directed to: 
 
                               THE TENDER AGENT 
 
                         Lucid Issuer Services Limited 
                                  Leroy House 
                                436 Essex Road 
                                 London N1 3QP 
                                United Kingdom 
 
                        Telephone: [phone] 
                 Attention: Victor Parzyjagla / David Shilson 
                            Email: [e-mail] 
 
Disclaimer This announcement must be read in conjunction with the Tender Offer 
Memorandum. If any Securityholder is in any doubt as to the action it should 
take, it is recommended to seek its own financial and legal advice, including 
in respect of any tax consequences, immediately from its broker, bank manager, 
solicitor, accountant or other independent financial, tax or legal adviser. 
 
Offer and Distribution Restrictions 
 
This announcement and/or the Tender Offer Memorandum do not constitute an 
invitation to participate in the Tender Offer in any jurisdiction in which, or 
to any person to or from whom, it is unlawful to make such invitation or for 
there to be such participation under applicable securities laws. The 
distribution of this announcement and/or the Tender Offer Memorandum in certain 
jurisdictions may be restricted by law. Persons into whose possession this 
announcement or the Tender Offer Memorandum come are required by the Company, 
the Dealer Managers and the Tender Agent to inform themselves about and to 
observe any such restrictions. None of the Dealer Managers, the Tender Agent or 
the Company or any of their respective directors, employees or affiliates makes 
any recommendation whether Securityholders should participate in the Tender 
Offer or refrain from taking any action in the Tender Offer with respect to any 
Securities, and none of them has authorised any person to make any such 
recommendation. The Dealer Managers and the Tender Agent (and their respective 
directors, employees and affiliates) make no representations or recommendations 
whatsoever regarding this announcement, the Tender Offer Memorandum or the 
Tender Offer. The Tender Agent is the agent of the Company and owes no duty to 
any Securityholder. 
 
REGISTERED OFFICE 
 
Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX 
Bermuda 
 
Email: [e-mail] 
 
Telephone: [phone] 
 
 
 
END