MMCAP International Inc. spc
LSE : TTM

April 15, 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

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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 to whose   Amara Mining Plc
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:         14 April 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   YES
the discloser making disclosures in respect of any If YES, specify which:
other party to the offer?                          Perseus Mining Limited
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
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                                   Number        %       Number        %
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(1) Relevant securities owned
 and/or controlled:              14,714,584    3.50%
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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:                         14,714,584    3.50%
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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                         Number of
      security        Purchase/sale        securities       Price per unit
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     ORD GBP.01          Purchase           723,874           0.1625 GBP
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(b) Cash-settled derivative transactions

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

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

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                    Nature of dealing
 Class of relevant  e.g. subscription,      Details       Price per unit (if
      security          conversion                           applicable)
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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 15, 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