MMCAP International Inc. spc
LSE : TTM

March 21, 2016 09:36 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     Amara Mining Plc                    
    whose relevant securities this form                                            
    relates: 
    Use a separate form for each 
    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:     15 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,  NO                                  
    is the 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:                9,464,229    2.25%                    
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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:                                9,464,229    2.25%                    
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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).2


(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:                                                                
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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


                                                                            
Class of relevant     Purchase/sale        Number of        Price per unit  
security                                   securities                       
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ORD GBP.01                 Sale             766,478           0.1300 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