6 Sep 2012 09:19
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||||||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: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 | 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, LUXOR CAPITAL PARTNERS OFFSHORE MASTER FUND, LP AND LUXOR CAPITAL PARTNERS OFFSHORE, LTD. | |||||||||||||
5. Date of the transaction and date on which the threshold is crossed orreached:v | 4 SEPTEMBER 2012 | |||||||||||||
6. Date on which issuer notified: | 5 SEPTEMBER 2012 | |||||||||||||
7. Threshold(s) that is/are crossed orreached:vi, vii | GOING UNDER 6% IN RESPECT OF EACH OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC, LUXOR CAPITAL GROUP, LP, AND LCG HOLDINGS, LLC | |||||||||||||
8. Notified details: | ||||||||||||||
A: Voting rights attached to sharesviii, ix | ||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rightsx | ||||||||||
Direct | Directxi | Indirectxii | Direct | Indirect | ||||||||||
CHRISTIAN LEONE | 3,117,136 | 3,117,136 | 3,061,074 | 3,061,074 | 5.99% | |||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||
LUXOR MANAGEMENT LLC | 3,117,136 | 3,117,136 | 3,061,074 | 3,061,074 | 5.99% | |||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||
LUXOR CAPITAL GROUP, LP | 3,117,136 | 3,117,136 | 3,061,074 | 3,061,074 | 5.99% | |||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||
LCG HOLDINGS, LLC | 2,939,070 | 2,939,070 | 2,888,383 | 2,888,383 | 5.65% | |||||||||
COMMON STOCK GB00B00KV284 | ||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||
Type of financialinstrument | Expirationdatexiii | Exercise/Conversion Periodxiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financialinstrument | Exercise price | Expiration datexvii | Exercise/Conversion periodxviii | Number of voting rights instrument refers to
| % of voting rightsxix, xx
| |
n/a | Nominal | Delta | ||||
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 | 5.99% |
IN RESPECT OF LCG HOLDINGS, LLC | 5.65% |
AGGREGATE VOTING RIGHTS IN RESPECT OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC, LUXOR CAPITAL GROUP, LP AND LCG HOLDINGS, LLC | 5.99% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Graham Taggart | |
15. Contact telephone number: | +44 20 7290 1630 | |