MMCAP International Inc. spc
LSE : TTM

April 13, 2016 10:00 ET

Form 8.3 - Perseus Mining Limited and 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 to whose relevant securities  Perseus Mining Limited        
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:                            12 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 discloser        YES                           
making disclosures in respect of any other party to the offer?        If YES, specify which:        
If it is a cash offer or possible cash offer, state "N/A"             Amara Mining Plc              
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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:                                              Ordinary Shares            
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                                                               Interests        Short positions     
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                                                              Number    %       Number         %    
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(1) Relevant securities owned and/or controlled:                                62,500       0.01%  
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(2) Cash-settled derivatives:                                                 7,315,865      1.38%  
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(3) Stock-settled derivatives (including options) and                                               
agreements to purchase/sell:                                                                        
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TOTAL:                                                                        7,378,365      1.39%  
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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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(b) Cash-settled derivative transactions

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  Class of relevant  Product description    Nature of dealing     Number of reference Price per unit
      security            e.g. CFD        e.g. opening/closing a      securities                    
                                           long/short position,                                     
                                          increasing/reducing a                                     
                                           long/short position                                      
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   Ordinary Shares          Swap        Increasing short position      1,485,736        0.4250 AUD  
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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 money 
 relevant   description    purchasing,   securities to  price per   e.g.      date    paid/received 
 security    e.g. call       selling,     which option    unit    American,              per unit   
               option      varying etc.     relates               European                          
                                                                    etc.                            
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(ii) Exercise

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Class of relevant Product description Exercising/exercised  Number of securities Exercise price per 
   security         e.g. call option         against                                    unit        
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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 13, 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