Last checked at 21 May 2008 15:18
FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the City Code on Takeovers and Mergers)
1. KEY INFORMATION
| Name of person dealing (Note 1) | MARS ASSET MANAGEMENT LIMITED |
| Company dealt in | GCM RESOURCES PLC |
| Class of relevant security to which the dealings being disclosed relate (Note 2) | ORDINARY SHARES OF 10P EACH |
| Date of dealing | 19TH & 20TH MAY 2008 |
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
| (a) | Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) |
|
| Long | Short | ||
| Number | (%) | Number | (%) | |
| (1) Relevant securities | 740,000 | 1.52% | ||
| (2) Derivatives (other than options) | ||||
| (3) Options and agreements to purchase/sell | ||||
| Total | 740,000 | 1.52% | ||
| (b) | Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) |
| Class of relevant security: | Long | Short | ||
|
| Number | (%) | Number | (%) |
| (1) Relevant securities | ||||
| (2) Derivatives (other than options) | ||||
| (3) Options and agreements to purchase/sell | ||||
| Total | ||||
(c) Rights to subscribe (Note 3)
| Class of relevant security: | Details |
3. DEALINGS (Note 4)
(a) Purchases and sales
| Purchase/sale | Number of securities | Price per unit (Note 5) |
| PURCHASE (19.05.08) | 175,000 | 160.5714
|
| PURCHASE (20.5.08) | 50,000 | 163.00
|
(b) Derivatives transactions (other than options)
| Product name, e.g. CFD | Long/short (Note 6) | Number of securities (Note 7) | Price per unit (Note 5) |
| NONE | N/A | N/A | N/A |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
| Product name,e.g. call option | Writing, selling, purchasing, varying etc. | Number of securities to which the option relates (Note 7) | Exercise price | Type, e.g. American, European etc. | Expiry date | Option money paid/received per unit (Note 5) |
| NONE | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercising
| Product name, e.g. call option | Number of securities | Exercise price per unit (Note 5) |
| NONE | N/A | N/A |
(d) Other dealings (including new securities) (Note 4)
| Nature of transaction (Note 8) | Details | Price per unit (if applicable) (Note 5) |
| NONE | N/A | N/A |
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
NONE
Is a Supplemental Form 8 attached? (Note 9) NO
| Date of disclosure | 20TH MAY 2008 |
| Contact name | MR JOHN LUETCHFORD |
| Telephone number | 020 7490 4355 |
| If a connected EFM, name of offeree/offeror with which connected | NOT APPLICABLE |
| If a connected EFM, state nature of connection (Note 10) | NOT APPLICABLE |
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk