Notification of interest payment & interest rate change
Notification of interest payment & interest rate change
Notification of interest payment & interest rate change
Announcement Summary
Entity name
RESOLUTE MINING LIMITED
Security on which the Interest Payment will be paid
RSGG - CONVERT BOND 10.00% 04-12-17 QLY CUM RED
Announcement Type
New announcement
Date of this announcement
Thursday September 3, 2015
Interest Payment Amount
AUD 0.025
Ex Date
Thursday September 10, 2015
Record Date
Monday September 14, 2015
Payment Date
Tuesday September 22, 2015
Refer to below for full details of the announcement
Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
RESOLUTE MINING LIMITED
1.2 Registered Number Type
ACN
Registration Number
097088689
1.3 ASX issuer code
RSG
1.4 The announcement is
New announcement
1.5 Date of this announcement
Thursday September 3, 2015
1.6 ASX +Security Code for Interest Payment
RSGG
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Notification of interest payment & interest rate change
ASX +Security Description
CONVERT BOND 10.00% 04-12-17 QLY CUM RED
Part 2A - Interest period dates and interest payment details
Interest Rate Calendar Type
Rule 7(2), 7 calendar day
2A.1 Payment date
Tuesday September 22, 2015
2A.3 Ex-Date
Thursday September 10, 2015
2A.5 Last day of payment period
Sunday September 13, 2015
2A.7 Interest rate expressed as a per annum rate
10.000000 %
2A.9 Currency in which the interest payment is made ("primary currency")
AUD - Australian Dollar
2A.10 Interest payment amount per +security
AUD 0.02500000
2A.2 +Record Date
Monday September 14, 2015
2A.4 First day of payment period
Saturday June 13, 2015
2A.6 Number of days in the payment period
93
2A.8 Interest rate pro-rated for the number of days in the payment period
2.500000 %
2A.10(i) Comment on how the interest payment amount per security is calculated
$1.00 per note issue price multiplied by the 10% coupon rate divided by 4 quarters to arrive at the quarterly interest payment.
2A.11 Are any of the below approvals required for the interest payment before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the interest payment.
No
2A.12 Is the interest payment franked?
No
2A.13 Is the interest payment payable in the form of +securities rather than cash?
No
2A.14 Does the entity have arrangements relating to currency in which the interest payment is paid to security holders that it wishes to disclose to the market?
No
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Notification of interest payment & interest rate change
2A.15 Is there a principal amount payment component payable?
No
Part 4 - Further information
4.1 Please provide any further information applicable to this payment
Those Note holders with an Australian registered address who have not provided their Tax File Number to the Company's share registry will have 46.5% of the interest payment withheld in accordance with Australian Taxation rules. There will be no tax withheld on payments to Note holders with a foreign registered address.
4.2 URL link to a copy of the prospectus/PDS or further information about the +security
http://www.resolute-ltd.com.au/wp-content/uploads/2014/11/288-07112014-Convertible-Notes-Trust-Deed.pdf
4.3 Additional information for inclusion in the Announcement Summary
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