MMCAP International Inc. spc
LSE : TTM

March 21, 2016 09:01 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


                                                                                 
(a) Full name of discloser:                             MMCAP International Inc. 
                                                        SPC              
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(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.         
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(c) Name of offeror/offeree in relation to whose        Amara Mining Plc         
    relevant securities this form relates:                                           
    Use a separate form for each and 
    offeror/offeree            
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(D) If an exempt fund manager connected with an                                  
    offeror/offeree, state this and specify identity                               
    of offeror/offeree:   
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(e) Date position held/dealing undertaken:              11 March 2016            
    For an opening position disclosure, state the                              
    latest practicable date prior to the disclosure    
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(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) 

Class of relevant security:                                 ORD GBP.01           
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                                           Interests                Short        
                                                                  positions      
                                        -----------------------------------------
                                             Number         %      Number     %  
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(1) Relevant securities owned                                                    
    and/or controlled:                     10,730,707     2.55%         
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(2) Cash-settled derivatives:                                           
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(3) Stock-settled derivatives (including                                         
    options) and agreements to                                                       
    purchase/sell:                                                            
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TOTAL:                                     10,730,707     2.55%                  
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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)


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:                                                                


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                       
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     ORD GBP.01            Sale            2,040,000          0.1318 GBP    
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(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                             
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(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                                           
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(ii) Exercise


                                                                           
    Class of       Product      Exercising/     Number of    Exercise price
    relevant     description     exercised      securities      per unit   
    security      e.g. call       against                                  
                    option                                                 
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(d) Other dealings (including subscribing for new securities)


                                                                            
 Class of relevant  Nature of dealing       Details       Price per unit (if
      security      e.g. subscription,                       applicable)    
                        conversion                                          
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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"  
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(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       
(ii) 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


                                                                            
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                      


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