MMCAP International Inc. spc
LSE : TTM

March 21, 2016 08:56 ET

Form 8.3 - Amara Mining Plc

                                                                                                    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                                                                            

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 (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"                                                                                     
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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)

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Class of relevant security:                                     ORD GBP.01                               

                                                    Interests               Short positions          
                            ------------------------------------------------------------------------
                                                 Number            %             Number         % 
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(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% 
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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)

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Class of relevant security in relation to which subscription right exists:  
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Details, including nature of the rights concerned and relevant percentages: 
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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                                                                   

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Class of relevant           Purchase/sale            Number of            Price per unit    
    security                                         securities                      
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   ORD GBP.01                   Sale                  296,564                0.1319 GBP
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(b) Cash-settled derivative transactions                                                  

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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                                  
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(c) Stock-settled derivative transactions (including options)                             
                                                                                        
(i) Writing, selling, purchasing or varying                                               

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     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                                            
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(ii) Exercise                                                                                       
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    Class of            Product              Exercising/           Number of        Exercise price  
    relevant           description            exercised           securities           per unit     
    security       e.g. call option            against                                              
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(d) Other dealings (including subscribing for new securities)                                        
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   Class of relevant          Nature of dealing               Details           Price per unit (if  
        security        e.g. subscription, conversion                              applicable)      
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4.  OTHER INFORMATION

(a) Indemnity and other dealing arrangements

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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"
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(b) Agreements, arrangements or understandings relating to options or derivatives

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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"
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 (c)      Attachments                                                                 
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Is a Supplemental Form 8 (Open Positions) attached?                               NO 
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Date of disclosure:                                 21 MARCH 2016                    
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Contact name:                                       ULLA VESTERGAARD                 
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Telephone number:                                   001 416 408 0994                 
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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