MMCAP International Inc. spc
LSE : TTM

April 11, 2016 02:00 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            
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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      Amara Mining Plc                        
    to 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               08 April 2016                           
    undertaken:                                                                          
    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)       NO                                      
    above, 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)


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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:                                 11,143,081   2.65%               
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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:                                          11,143,081   2.65%               
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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 securities   Price per unit   
      security                                                                  
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     ORD GBP.01           Purchase            1,000,000          0.1450 GBP     
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(b) Cash-settled derivative transactions


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    Class of       Product        Nature of dealing       Number of    Price per unit
    relevant     description    e.g. opening/closing a    reference                  
    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 of    Product    Writing,    Number of  Exercise    Type    Expiry  Option  
 relevant  description purchasing, securities  price per   e.g.     date    money  
 security   e.g. call   selling,    to which     unit    American,          paid/  
             option   varying etc.   option              European         received 
                                     relates               etc.           per unit 
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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        against                                  
                    option                                                  
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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,                       applicable)    
                        conversion                                          
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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       
(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


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Is a Supplemental Form 8 (Open Positions) attached?                       NO   
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Date of disclosure:                   APRIL 11, 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