Welcome!

News Feed Item

TR-1: Notification of Major Interest in Shares

LONDON, UNITED KINGDOM -- (Marketwire) -- 01/30/13 -- Amara Mining plc (AIM:AMA)(TSX:AMZ) -


For filings with the FSA include the annex                                  
For filings with issuer exclude the annex                                   
                                                                            
----------------------------------------------------------------------------
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                              
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
1. Identity of the issuer or the underlying issuer of  Amara Mining PLC     
 existing shares to which voting rights are attached:                       
----------------------------------------------------------------------------
2. Reason for the notification (yes/no):                                    
-------------------------------------------------------=====================
An acquisition or disposal of voting rights            Yes                  
-------------------------------------------------------=====================
An acquisition or disposal of qualifying financial     No                   
 instruments which may result in the acquisition of                         
 shares already issued to which voting rights are                           
 attached                                                                   
-------------------------------------------------------=====================
An event changing the breakdown of voting rights       No                   
-------------------------------------------------------=====================
Other (please specify):                                No                   
-------------------------------------------------------=====================
3. Full name of person(s) subject to the notification  Sprott Asset         
 obligation:                                           Management LP        
----------------------------------------------------------------------------
4. Full name of shareholder(s) (if different from 3.): Refer to Section 9.  
----------------------------------------------------------------------------
5. Date of the transaction (and date on which the      January 28, 2013     
 threshold is crossed or reached if different):                             
----------------------------------------------------------------------------
6. Date on which issuer notified:                      January 29, 2013     
----------------------------------------------------------------------------
7. Threshold(s) that is/are crossed or reached:        Below 3%             
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
8. Notified details:                                                        
----------------------------------------------------------------------------
A: Voting rights attached to shares                                         
----------------------------------------------------------------------------
Class /  Situation previous   Resulting situation after the triggering      
 type of to the triggering    transaction                                   
 shares  transaction                                                        
         -------------------------------------------------------------------
if       Number    Number     Number     Number of voting  Percentage of    
possible of        of         of shares  rights            voting rights    
using    Shares    Voting                                                   
the ISIN           Rights                                                   
CODE                                     -----------------------------------
                                         Direct  Indirect  Direct Indirect  
----------------------------------------------------------------------------
Ordinary 5,499,000 5,499,000  4,929,000          2.9%             2.9%      
 Shares                                                                     
                                                                            
                                                                            
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
B: Financial Instruments                                                    
----------------------------------------------------------------------------
Resulting situation after the triggering transaction                        
----------------------------------------------------------------------------
Type of financial  Expiration  Exercise /       Number of voting  Percentage
 instrument        date        Conversion       rights that may   of voting 
                               Period /date     be acquired       rights    
                                                (if the           
                                                instrument is              
                                                exercised/                 
                                                converted)                 
----------------------------------------------------------------------------
N/A                                                                         
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Total (A+B)                                                                 
----------------------------------------------------------------------------
Number of voting rights                  Percentage of voting rights        
----------------------------------------------------------------------------
4,929,000                                2.9%                               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or  
 the financial instruments are effectively held, if applicable:             
----------------------------------------------------------------------------
                                                                            
Sprott Asset Management LP is the portfolio manager acting on behalf of the 
 Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund  
 L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund, Ltd., Sprott Master   
 Fund II, Ltd., and certain Sprott Managed Accounts.                        
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Proxy Voting:                                                               
----------------------------------------------------------------------------
10. Name of the proxy         N/A                                           
 holder:                                                                    
----------------------------------------------------------------------------
11. Number of voting rights   N/A                                           
 proxy holder will cease to                                                 
 hold:                                                                      
----------------------------------------------------------------------------
12. Date on which proxy       N/A                                           
 holder will cease to hold                                                  
 voting rights:                                                             
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
13. Additional information:                                                 
----------------------------------------------------------------------------
14. Contact name:             Maggie Tang                                   
----------------------------------------------------------------------------
15. Contact telephone                                                       
 number:                                                                    
----------------------------------------------------------------------------

For notes on how to complete form TR-1 please see the FSA website

Contacts:
Amara Mining plc
Catherine Apthorpe, Company Secretary
Katharine Sutton, Head of Investor Relations
+44 (0)20 7398 1420

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.