FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES
REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION
----------------------------------------------------------------------------------------------------
(a) Full name of discloser: MMCAP International Inc. SPC
(b) Owner or controller of interests and short positions
disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient.
For a trust, the trustee(s), settlor and beneficiaries must
be named.
(c) Name of offeror/offeree in relation to whose Amara Mining Plc
relevant securities this form relates:
Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an offeror/offeree,
state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: 10 March 2016
For an opening position disclosure, state the
latest practicable date prior to the disclosure
(f) In addition to the company in 1(c) above, is the NO
discloser making disclosures in respect of
any other party to the offer?
If it is a cash offer or possible cash offer,
state "N/A"
----------------------------------------------------------------------------------------------------
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the
offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant
security.
a. Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure
relates following the dealing (if any)
----------------------------------------------------------------------------------------------------
Class of relevant security: ORD GBP.01
Interests Short positions
------------------------------------------------------------------------
Number % Number %
----------------------------------------------------------------------------------------------------
(1) Relevant securities owned and/or controlled: 12,770,707 3.04%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell:
TOTAL: 12,770,707 3.04%
----------------------------------------------------------------------------------------------------
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or
sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
----------------------------------------------------------------------------------------------------
Class of relevant security in relation to which subscription right exists:
----------------------------------------------------------------------------------------------------
Details, including nature of the rights concerned and relevant percentages:
----------------------------------------------------------------------------------------------------
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in
1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
----------------------------------------------------------------------------------------
Class of relevant Purchase/sale Number of Price per unit
security securities
----------------------------------------------------------------------------------------
ORD GBP.01 Sale 296,564 0.1319 GBP
----------------------------------------------------------------------------------------
(b) Cash-settled derivative transactions
----------------------------------------------------------------------------------------
Class of Product Nature of dealing Number of Price per
relevant description e.g. opening/closing a reference unit
security e.g. CFD long/short position, securities
increasing/reducing a
long/short position
----------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
----------------------------------------------------------------------------------------------------
Class Product Writing, Number Exercise Type Expiry Option
of description purchasing, of price e.g. date money
relevant e.g. call selling, securities per unit American, paid/
security option varying etc. to which European received
option etc. per unit
relates
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(ii) Exercise
----------------------------------------------------------------------------------------------------
Class of Product Exercising/ Number of Exercise price
relevant description exercised securities per unit
security e.g. call option against
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(d) Other dealings (including subscribing for new securities)
----------------------------------------------------------------------------------------------------
Class of relevant Nature of dealing Details Price per unit (if
security e.g. subscription, conversion applicable)
----------------------------------------------------------------------------------------------------
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
----------------------------------------------------------------------------------------------------
Details of any indemnity or option arrangement, or any agreement or understanding, formal or
informal, relating to relevant securities which may be an inducement to deal or refrain from dealing
entered into by the person making the disclosure and any party to the offer or any person acting in
concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements,
arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(b) Agreements, arrangements or understandings relating to options or derivatives
----------------------------------------------------------------------------------------------------
Details of any agreement, arrangement or understanding, formal or informal, between the person
making the disclosure and any other person relating to:
i. the voting rights of any relevant securities under any option; or
i. the voting rights or future acquisition or disposal of any relevant
securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(c) Attachments
--------------------------------------------------------------------------------------
Is a Supplemental Form 8 (Open Positions) attached? NO
--------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
Date of disclosure: 21 MARCH 2016
--------------------------------------------------------------------------------------
Contact name: ULLA VESTERGAARD
--------------------------------------------------------------------------------------
Telephone number: 001 416 408 0994
--------------------------------------------------------------------------------------
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be
emailed to the Takeover Panel at monitoring@disclosure.org.uk.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure
requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Contact Information:
MMCAP International Inc. spc