MMCAP International Inc. spc
LSE : TTM

April 18, 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:             15 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 the   YES
discloser making disclosures in respect of any other   If YES, specify
party to the offer?                                    which:
If it is a cash offer or possible cash offer, state    Perseus Mining
"N/A"                                                  Limited
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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:                            16,888,491  4.02%
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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:
                                        16,888,491  4.02%
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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          2,173,907          0.1679 GBP
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(b) Cash-settled derivative transactions

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    Class of       Product        Nature of      Number of    Price per unit
    relevant     description       dealing       reference
    security       e.g. CFD         e.g.         securities
                               opening/closing
                                a long/short
                                  position,
                              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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 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     option            European        received
                        etc.     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 18, 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