4 Jun 2009 11:35
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
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 | |||||
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 | X | ||||
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 | 1 JUNE 2009 | ||||
6. Date on which issuer notified: | 3 JUNE 2009 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii | 12% IN RESPECT OF EACH OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC, AND LUXOR CAPITAL GROUP, LP; 4% 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 | 3,642,923 | 3,642,923 | 3,642,923 | 3,642,923 | 7.14% | |||||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||||
LUXOR MANAGEMENT LLC | 3,642,923 | 3,642,923 | 3,642,923 | 3,642,923 | 7.14% | |||||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||||
LUXOR CAPITAL GROUP, LP | 3,642,923 | 3,642,923 | 3,642,923 | 3,642,923 | 7.14% | |||||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||||
LCG HOLDINGS, LLC | 174,623 | 174,623 | 174,623 | 174,623 | 0.34% | |||||||||||
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 | 12.43% | |||||||||||||||
IN RESPECT OF LCG HOLDINGS, LLC | 4.68% |
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: | AKIKO TAKAHASHI | |
15. Contact telephone number: | +1-212-763-8046 |