1 Sep 2009 10:50
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | GCM RESOURCES PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to the notification obligation: iii | CHRISTIAN LEONE; LUXOR MANAGEMENT, LLC; LUXOR CAPITAL GROUP, LP; AND LCG HOLDINGS, LLC | |||
4. Full name of shareholder(s) (if different from 3.):iv | LUXOR CAPITAL PARTNERS, LP AND LUXOR CAPITAL PARTNERS OFFSHORE, LTD. | |||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 25 AUGUST 2009 | |||
6. Date on which issuer notified: | 27 AUGUST 2009 | |||
7. Threshold(s) that is/are crossed or reached: vi, vii | 17% IN RESPECT OF EACH OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC, AND LUXOR CAPITAL GROUP, LP; 6% IN RESPECT OF LCG HOLDINGS, LLC |
8. Notified details: | |||||||
A: Voting rights attached to shares viii, ix | |||||||
Class/type of shares if possible using the 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 | % of voting rights x | |||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||
CHRISTIAN LEONE | 5,821,069 | 5,821,069 | 6,071,069 | 6,071,069 | 11.90% | ||
COMMON STOCK GB00B00KV284 | |||||||
LUXOR MANAGEMENT LLC | 5,821,069 | 5,821,069 | 6,071,069 | 6,071,069 | 11.90% | ||
COMMON STOCK GB00B00KV284 | |||||||
LUXOR CAPITAL GROUP, LP | 5,821,069 | 5,821,069 | 6,071,069 | 6,071,069 | 11.90% | ||
COMMON STOCK GB00B00KV284 | |||||||
LCG HOLDINGS, LLC | 836,838 | 836,838 | 927,495 | 927,495 | 1.82% | ||
COMMON STOCK GB00B00KV284 |
B: Qualifying Financial Instruments | ||||||||||
Resulting situation after the triggering transaction | ||||||||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||
Resulting situation after the triggering transaction | ||||||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||
CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 SEPT 2009 | N/A | 700,000 | Nominal | Delta | ||||
1.37% | ||||||||||
LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 SEPT 2009 | N/A | 700,000 | Nominal | Delta | ||||
1.37% | ||||||||||
LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 SEPT 2009 | N/A | 700,000 | Nominal | Delta | ||||
1.37% | ||||||||||
LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 SEPT 2009 | N/A | 213,789 | Nominal | Delta | ||||
0.42% | ||||||||||
CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 7 APRIL 2014 | N/A | 1,000,000 | Nominal | Delta | ||||
1.96% | ||||||||||
LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 7 APRIL 2014 | N/A | 1,000,000 | Nominal | Delta | ||||
1.96% | ||||||||||
LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 7 APRIL 2014 | N/A | 1,000,000 | Nominal | Delta | ||||
1.96% | ||||||||||
LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 7 APRIL 2014 | N/A | 1,000,000 | Nominal | Delta | ||||
1.96% | ||||||||||
CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 APRIL 2010 | N/A | 1,000,000 | Nominal | Delta | ||||
1.96% |
LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 APRIL 2010 | N/A | 1,000,000 | Nominal | Delta | |
1.96% | |||||||
LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 APRIL 2010 | N/A | 1,000,000 | Nominal | Delta | |
1.96% | |||||||
LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK | Market Price | 28 APRIL 2010 | N/A | 1,000,000 | Nominal | Delta | |
1.96% | |||||||
Total (A+B+C) | |||||||
Number of voting rights | Percentage of voting rights | ||||||
IN RESPECT OF EACH OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC AND LUXOR CAPITAL GROUP, LP | 17.19% | ||||||
IN RESPECT OF LCG HOLDINGS, LLC | 6.16% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
The Shares in which Christian Leone is interested are managed by the following entities each of which is controlled by Christian Leone. Luxor Management, LLC; Luxor Capital Group, LP; and LCG Holdings, LLC. | ||
Proxy Voting: | ||
10. Name of the proxy holder: | / | |
11. Number of voting rights proxy holder will cease to hold: | / | |
12. Date on which proxy holder will cease to hold voting rights: | / | |
13. Additional information: | / | |
14. Contact name: | Richard Brimelow | |
15. Contact telephone number: | 0207 290 1630 |