REG - Amara Mining PLC Perseus Mining Ltd - Form 8 (OPD) (Amara Mining Plc) <Origin Href="QuoteRef">AMARA.L</Origin> <Origin Href="QuoteRef">PRU.AX</Origin>

Perseus MiningAnnouncement

29/02/2016 15:40

RNS Number : 5105Q
Amara Mining PLC
29 February 2016
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser:
Amara Mining plc
(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.
N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
 Use a separate form for each offeror/offeree
Amara Mining plc
(d) Is the discloser the offeror or the offeree?
OFFEREE
(e) Date position held:
 The latest practicable date prior to the disclosure
29 February 2016
(f) In addition to the company in 1(c) 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"
Yes - Perseus Mining Limited (the offeror)
2. POSITIONS OF THE PARTY TO THE OFFER 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
Class of relevant security:

Interests
Short positions
Number
%
Number
%
(1) Relevant securities owned and/or controlled:
Nil
0
Nil
0
(2) Cash-settled derivatives:
Nil
0
Nil
0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
Nil
0
Nil
0
 TOTAL:
Nil
0
Nil
0
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 Form8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists:
None
Details, including nature of the rights concerned and relevant percentages:
N/A
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:
The Directors of Amara Mining plc (the "Company") have the following interests in the Company: 
Director
Number of shares
Percentage holding
John McGloin
1,886,628
0.45%
Pete Gardner
1,273,433
0.30%
Peter Cowley
114,534
0.03%
Geoff Stanley
202,815
0.05%
Hendrik Faul
80,759
0.02%
Peter Hain
173,056
0.04%
Alex Davidson
31,250
0.01%
The Directors of the Company have the following interests in options over ordinary shares in the Company: 
Director
Number of share options
Exercise price
Earliest date of exercise
Date of expiry
John McGloin
1,680,480
62.75p
06/07/2015
05/07/2022
319,520
59.25p
10/01/2016
09/01/2023
3,300,000
24.00p
08/09/2017
07/09/2024
Peter Gardner
1,250,000
59.25p
10/01/2016
09/01/2023
150,000
69.00p
01/10/2013
30/09/2019
350,000
71.75p
05/07/2013
04/07/2020
2,300,000
24.00p
08/09/2017
07/09/2024
Peter Cowley
100,000
83.00p
05/06/2012
04/06/2018
Geoff Stanley
100,000
28.50p
03/10/2012
02/10/2018
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).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
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 party to the offer making the disclosure or any person acting in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
None
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, 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"
None
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions)
NO
Supplemental Form 8 (SBL)
NO
Date of disclosure:
29 February 2016
Contact name:
Catherine Apthorpe
Telephone number:
020 7398 1420 
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.

This information is provided by RNS
The company news service from the London Stock Exchange
  END
FEEFMGZZKLGGVZM