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GCM Resources PLC (GCM)

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Friday 14 August, 2009

GCM Resources PLC

Holding(s) in Company

RNS Number : 4981X
GCM Resources PLC
14 August 2009
 







TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are

attached:
 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


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 AND LUXOR CAPITAL PARTNERS OFFSHORE, LTD.

5. Date of the transaction and date on
which the threshold is crossed or

reached:
 v

12 AUGUST 2009

6. Date on which issuer notified:

14 AUGUST 2009

7. Threshold(s) that is/are crossed or
reached:
 vi, vii

16% IN RESPECT OF EACH OF CHRISTIAN LEONE, LUXOR MANAGEMENT, LLC, AND LUXOR CAPITAL GROUP, LP; 5% IN RESPECT OF LCG HOLDINGS, LLC

  

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the 
triggering
transaction

Resulting situation after the triggering transaction

Number
of

Shares

Number
of

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

CHRISTIAN LEONE

4,561,069

4,561,069

5,571,069


5,571,069


10.92%

COMMON STOCK

GB00B00KV284

LUXOR MANAGEMENT LLC

4,561,069

4,561,069

5,571,069


5,571,069


10.92%

COMMON STOCK

GB00B00KV284

LUXOR CAPITAL GROUP, LP

4,561,069

4,561,069

5,571,069


5,571,069


10.92%

COMMON STOCK

GB00B00KV284

LCG HOLDINGS, LLC


383,144


383,144


748,570



748,570



1.47%

COMMON STOCK

GB00B00KV284





B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
 xiii

Exercise/ 
Conversion Period xiv

Number of voting
rights that may be

acquired if the

instrument is

exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
 xviii

Number of voting rights instrument refers to


% of voting rights xix, xx


CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 SEPT 2009

N/A

700,000

Nominal

Delta

1.37%


LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 SEPT 2009

N/A

700,000

Nominal

Delta

1.37%


LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 SEPT 2009

N/A

700,000

Nominal

Delta

1.37%


LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 SEPT 2009

N/A

213,789

Nominal

Delta

0.42%


CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

7 APRIL 2014

N/A

1,000,000

Nominal

Delta

1.96%


LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

7 APRIL 2014

N/A

1,000,000

Nominal

Delta

1.96%


LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

7 APRIL 2014

N/A

1,000,000

Nominal

Delta

1.96%


LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

7 APRIL 2014

N/A

1,000,000

Nominal

Delta

1.96%


CHRISTIAN LEONE: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 APRIL 2010

N/A

1,000,000

Nominal

Delta

1.96%


  

LUXOR MANAGEMENT, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 APRIL 2010

N/A

1,000,000

Nominal

Delta

1.96%


LUXOR CAPITAL GROUP, LP: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 APRIL 2010

N/A

1,000,000

Nominal

Delta

1.96%


LCG HOLDINGS, LLC: TOTAL RETURN SWAP ON COMMON STOCK

Market Price

28 APRIL 2010

N/A


1,000,000

Nominal

Delta

1.96%




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

16.21%

IN RESPECT OF LCG HOLDINGS, LLC

5.81%

  

9. Chain of controlled undertakings through which the voting rights and/or the
financial 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 cease
to hold:

/

12. Date on which proxy holder will cease to hold
voting rights:

/



13. Additional information:


/

14. Contact name:

Richard Brimelow

15. Contact telephone number:

0207 290 1630



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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