9 May 2014 16:42
TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Amara Mining PLC | ||
2. Reason for notification (yes/no) | |||
An acquisition or disposal of voting rights | NO | ||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | NO | ||
An event changing the breakdown of voting rights | NO | ||
Other (please specify):___________ | NO | ||
3. Full name of person(s) subject to notification obligation: |
Ingalls & Snyder LLC ("I&S") | ||
4. Full name of shareholder(s) (if different from 3): | I&S, on behalf of its clients, has dispositive authority over (i.e. the power and authorisation to sell at I&S's discretion) 8,851,740 shares. I&S holds additional shares in the Company as custodian on a non-discretionary basis. | ||
5. Date of transaction (and date on which the threshold is crossed or reached if different): |
April 16, 2014 | ||
6. Date on which issuer notified: |
May 8, 2014 | ||
7. Threshold(s) that is/are crossed or reached: |
Interest in less than of 3% of issued share capital. | ||
8: Notified Details | |||||||
A: Voting rights attached to shares
| |||||||
Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | |||
Direct |
Indirect |
Direct |
Indirect | ||||
Ordinary Shares ISIN GB00B04M1L91 | 8,389,556 | - | 8,851,740 | See note 4 above. I&S has dispositive authority over 8,851,740 shares. | - | 2.69% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). | - |
B: Financial Instruments N/A
| ||||
Resulting situation after the triggering transaction
| ||||
Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| ||||
Total (A+B)
| |
Number of voting rights | Percentage of voting rights |
8,851,740 (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights.) | 2.69% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
N/A |
Proxy Voting:
| |
10. Name of proxy holder:
| N/A |
11. Number of voting rights proxy holder will cease to hold:
| N/A |
12. Date on which proxy holder will cease to hold voting rights:
| N/A |
13. Additional information:
| |
14 Contact name:
| Frank Stolba Managing Director |
15. Contact telephone name:
| (001) (212) 269 7814 |