Holding(s) in Company

RNS Number : 9100O

GCM Resources PLC

16 March 2009

 



Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		GCM Resources PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			X
An acquisition or disposal of financial 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
Other (please specify):______________
3. Full name of person(s) subject to notification obligation:	Southpoint Capital Advisors LP
4. Full name of shareholder(s) (if different from 3):	Southpoint Master Fund LP
5. Date of transaction (and date on which the threshold is crossed or reached if different):	11 March 2009
6. Date on which issuer notified:	16 March 2009
7. Threshold(s) that is/are crossed or reached:	3%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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			Percentage of voting rights
				Direct	Indirect		Direct		Indirect
GB00B00KV284	1,622,471	3.18%	1,372,471	1,372,471	0%	2.69%		0%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
NA	NA	NA	NA	NA

Total (A+B)
Number of voting rights	Percentage of voting rights
1,372,471	2.69

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Southpoint Capital Advisors LP (Delaware limited partnership) is the investment manager of the following entities: i) Southpoint Qualified Fund LP (Delaware limited partnership 3(c)(7) Fund)(the 'QP Fund');  ii) Southpoint Fund LP (Delaware limited partnership 3(c)(1) Fund)(the 'LP Fund');  iii) Southpoint Offshore Fund, Ltd. (Cayman Islands  Exempted Company) (the 'Offshore Fund') and  (iv) Southpoint Master Fund, LP (Cayman Islands Exempted Limited Partnership). The QP Fund, the LP Fund and the Offshore Fund are each a GP of Southpoint Master Fund, LP (Cayman Islands Exempted Limited Partnership) who is the direct holder of the shares.

Proxy Voting:
10. Name of proxy holder:	NA
11. Number of voting rights proxy holder will cease to hold:	NA
12. Date on which proxy holder will cease to hold voting rights:	NA

13. Additional information:	Email contact:  [e-mail]
14 Contact name:	Adam P. Nemser
15. Contact telephone name:	Phone: [phone] Fax: [phone] eFax: [phone]

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

 

END

 

 

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