GCM Resources Regulatory News (GCM)

30 May 2008 14:52

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code) 1. KEY INFORMATION \* TName of person dealing (Note 1) Southpoint Capital Advisors LP------------------------------------------ ---------------------------------------------------------------Company dealt in GCM Resources PLC------------------------------------------ ---------------------------------------------------------------Class of relevant security to which the Ordinary Shares of 10p each dealings being disclosed relate (Note 2)------------------------------------------ ---------------------------------------------------------------Date of dealing 28 May 2008------------------------------------------ ---------------------------------------------------------------\* T 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class of relevantsecurity dealt in (Note 3) \* T Long Short------------------------------------------ ------------------------------ -------------------------------- Number (%) Number (%)------------------------------------------ ------------------------------ --------------------------------(1) Relevant securities 1,531,022 (3.14%) 0 0%------------------------------------------ ------------------------------ --------------------------------(2) Derivatives (other than options) 0 0% 0 0%------------------------------------------ ------------------------------ --------------------------------(3) Options and agreements to purchase/sell 0 0% 0 0%------------------------------------------ ------------------------------ --------------------------------Total 1,531,022 (3.14%) 0 0%------------------------------------------ ------------------------------ --------------------------------\* T (b) Interests and short positions in relevant securities of the company, otherthan the class dealt in (Note 3) \* T Class of relevant security: Long Short-------------------------------------------------------------------------------------------------------- Number (%) Number (%)--------------------------------------------------------------------------------------------------------(1) Relevant securities 0 0% 0 0%--------------------------------------------------------------------------------------------------------(2) Derivatives (other than options) 0 0% 0 0%--------------------------------------------------------------------------------------------------------(3) Options and agreements to purchase/sell 0 0% 0 0%--------------------------------------------------------------------------------------------------------Total 0 0% 0 0%--------------------------------------------------------------------------------------------------------\* T (c) Rights to subscribe (Note 3) \* TClass of relevant security: Details---------------------------------------------------------------------------------------------------------NA NA---------------------------------------------------------------------------------------------------------\* T 3. DEALINGS (Note 4) (a) Purchases and sales \* TPurchase/sale Number of securities Price per unit (Note 5)----------------------------------- ---------------------------------- ------------------------------------Purchase (28 May 2008) 15,000 159 pence----------------------------------- ---------------------------------- ------------------------------------\* T *see Annex 1 (b) Derivatives transactions (other than options) \* TProduct name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)e.g. CFD--------------------------------------------------------------------------------------------------------0 0 0 0--------------------------------------------------------------------------------------------------------\* T (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying \* TProduct name, Writing, Number of Exercise Type, e.g. Expiry Option moneye.g. call option selling, securities to price American, date paid/received purchasing, which the option European per unit (Note varying etc. relates (Note 7) etc. 5)-------------------------------------------------------------------------------------------------------0 0 0 0 0 0 0-------------------------------------------------------------------------------------------------------\* T (ii) Exercising \* TProduct name, e.g. call option Number of securities Exercise price per unit (Note 5)---------------------------------------------------------------------------------------------------------0 0 0---------------------------------------------------------------------------------------------------------\* T (d) Other dealings (including new securities) (Note 4) \* TNature of transaction (Note 8) Details Price per unit (if applicable) (Note 5)---------------------------------------------------------------------------------------------------------0 0 0---------------------------------------------------------------------------------------------------------\* T 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives \* TFull 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.---------------------------------------------------------------------------------------------------------NA---------------------------------------------------------------------------------------------------------\* T Is a Supplemental Form 8 attached? (Note 9) NO \* TDate of disclosure 30 May 2008------------------------------------------------------------ ---------------------------------------------Contact name Akin Gump Strauss Hauer & Feld Att: Flemming Lerche-Lerchenborg------------------------------------------------------------ ---------------------------------------------Telephone number 02070129600------------------------------------------------------------ ---------------------------------------------If a connected EFM, name of offeree/offeror with which NA connected------------------------------------------------------------ ---------------------------------------------If a connected EFM, state nature of connection (Note 10) NA------------------------------------------------------------ ---------------------------------------------\* T Notes The Notes on Form 8.3 can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk Annex 1 - Notifiable dealings which have not previously been notified inaccordance with Rule 8.3 \* TPurchase/sale Date of Dealing Number of securities Price per unit (Note 5)------------------------------ -------------------- -------------------------- ----------------------------Purchase 27 May 2008 145,000 159.34 pence------------------------------ -------------------- -------------------------- ----------------------------Purchase 23 May 2008 28,431 159.1 pence------------------------------ -------------------- -------------------------- ----------------------------Purchase 22 May 2008 500,000 163..07 pence------------------------------ -------------------- -------------------------- ----------------------------Purchase 21 May 2008 227,591 163.8 pence------------------------------ -------------------- -------------------------- ----------------------------Purchase 20 May 2008 615,000 1.6388 pence------------------------------ -------------------- -------------------------- ----------------------------\* T Copyright Business Wire 2008