MMCAP International Inc. spc
LSE : TTM

March 21, 2016 09:44 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

(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                              Amara Mining Plc                 
    whose 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:                              14 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 discloser making   NO  
    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:                10,230,707             2.43%                                

 (2) Cash-settled derivatives:

 (3) Stock-settled derivatives 
     (including options) and agreements 
     to purchase/sell:

     TOTAL:                            10,230,707              2.43% 
----------------------------------------------------------------------------------------------------

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                 500,000              0.1280 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,                                   applicable)       
                                 conversion                                                         
----------------------------------------------------------------------------------------------------

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                               
(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"                       
----------------------------------------------------------------------------------------------------

----------------------------------------------------------------------------------------------------

                                                                                                   
(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