Ann: Share Purchase Plan Completed, page-29

This letter should clear up any confusion.  You should be able to find it in the announcements in your trading platform:

8 June 2017

Share Sale Facility for Unmarketable Parcels of Segue Resources Limited Shares

Dear Shareholder

I am writing to advise you that Segue Resources Limited (Segue or the Company) has established a share sale facility (Facility) for holders of shares valued at less than $500 as at close of trade on 7 June 2017 (Unmarketable Parcels).  The facility is being established in accordance with the Company’s Constitution and the ASX listing rules.

Segue is offering the Facility to assist holders of Unmarketable Parcels to sell their shares.  Holders of Unmarketable Parcels who take advantage of the facility will have their shares sold without having to act through a broker.  The Company will arrange payment of the proceeds of the sale to be sent to you (although any tax consequences from the sale of your shares will be your responsibility).

Our records show that you held an Unmarketable Parcel based on the Segue share price of 3.0¢ as at close of trade on 7 June 2017 (Record Date).  Unless you advise the Company that you do NOT wish to sell your shares within six (6) weeks from when this letter was sent, Segue intends to sell your shares through the Facility in accordance with Clause 3.5 of the Company’s Constitution and the Australian Securities Exchange Listing Rules.  Payment will be sent to you following settlement of the sale or otherwise as soon as is practicable.  The shares will be sold at the authorised price being the price per share of the Segue securities equal to the simple average of the last sale prices of Segue on ASX for each of the ten trading days immediately preceding the date of any offer received by the Company pursuant to Clause 3.5 of the Constitution.

What should you do?

If you do NOT wish to sell your shares through the Facility, you must complete and return the attached form to the address on the form so that it is received by 5.00 pm (Perth time) on 26 July 2017 (Share Retention Form).  Please read the instructions on your personalised Share Retention Form carefully before completing it.

If you want to sell your shares through the Facility, you do not need to take any action.  By refraining from taking any action, after the expiration of the time prescribed in the ASX Listing Rules and the Company’s Constitution, you will be deemed to have irrevocably appointed the Company as your agent:

(a) to sell all of your shares at a price to be determined by when and how the shares are sold; and

(b) to deal with the proceeds of the sale as set out in the attached information pack.

If you need help deciding what to do, or if you require information regarding the financial, legal or tax consequences of participating in the Facility you should consult your legal, financial or taxation adviser.

The attached information pack sets out further details of the Facility, which you should read before making any decision.  You can also contact the Company Secretary on +61 8 9383 3330 if you have any queries about lodging your form or the practical operation of the Facility.

Yours sincerely


Matthew Foy Company Secretary On behalf of the Board