MMCAP International Inc. spc
LSE : TTM

April 14, 2016 02:00 ET

Form 8.3 - Amara Mining Plc & Perseus Mining Limited

                                                                                    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 whose relevant        Perseus Mining Limited
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:                       13 April 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   YES
making disclosures in respect of any other party to the      If YES, specify which:
offer?                                                       Amara Mining Plc
   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:                                  Ordinary Shares

----------------------------------------------------------------------------------------------------
                                                 Interests                  Short positions
----------------------------------------------------------------------------------------------------

                                               Number           %           Number            %
----------------------------------------------------------------------------------------------------
(1)Relevant securities owned and/or                                            62,500          0.01%
controlled:                                                     
----------------------------------------------------------------------------------------------------
(2)Cash-settled derivatives:                                                 10,847,600        2.05%

----------------------------------------------------------------------------------------------------
(3)Stock-settled derivatives (including                                                           
options) and agreements to
purchase/sell:
----------------------------------------------------------------------------------------------------
                                                                          10,910,100        2.06%
   TOTAL:                                                     
----------------------------------------------------------------------------------------------------

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 securities         Price per unit
       security                     
----------------------------------------------------------------------------------------------------
                                                                            
                                                                                       

(b)     Cash-settled derivative transactions

----------------------------------------------------------------------------------------------------
Class of relevant      Product            Nature of dealing          Number of      Price per unit
    security         description       e.g. opening/closing a        reference
                      e.g. CFD          long/short position,         securities
                                        increasing/reducing a
                                         long/short position
----------------------------------------------------------------------------------------------------
                                                                                    
 Ordinary Shares        Swap              Increasing short           3,531,735        0.4415 AUD
                                              position
----------------------------------------------------------------------------------------------------

(c)     Stock-settled derivative transactions (including options)

(i)     Writing, selling, purchasing or varying

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

(ii)    Exercise

----------------------------------------------------------------------------------------------------
Class of relevant        Product           Exercising/          Number of         Exercise price
    security           description      exercised against       securities           per unit
                     e.g. call option
----------------------------------------------------------------------------------------------------

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

(d)     Other dealings (including subscribing for new securities)

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

----------------------------------------------------------------------------------------------------
                                                                            
                      
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:                                APRIL 14, 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