Amara Mining PLC - TR-1: Notifications of Major Interests in Shares

Amara Mining PLC - TR-1: Notifications of Major Interests in Shares 
LONDON, UNITED KINGDOM -- (Marketwired) -- 05/09/14 -- 


 
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1. Identity of the issuer or the underlying   Amara Mining PLC              
issuer of existing shares to which voting                                   
rights are attached:                                                        
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2. Reason for notification (yes/no)                                         
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 An acquisition or disposal of voting rights                NO              
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 An acquisition or disposal of financial                                    
instruments which may result in the                                         
acquisition of shares already issued to which                               
voting rights are attached                                  NO              
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 An event changing the breakdown of voting                                  
rights                                                      NO              
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 Other (please specify):___________                         NO              
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3. Full name of person(s) subject to          Ingalls & Snyder LLC ("I&S")  
notification obligation:                                                    
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                                              I&S, on behalf of its clients,
4. Full name of shareholder(s) (if different  has dispositive authority over
from 3):                                      (i.e. the power and           
                                              authorisation to sell at I&S's
                                              discretion) 8,851,740 shares. 
                                              I&S holds additional shares in
                                              the Company as custodian on a 
                                              non-discretionary basis.      
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5. Date of transaction (and date on which the April 16, 2014                
threshold is crossed or reached if                                          
different):                                                                 
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6. Date on which issuer notified:             May 8, 2014                   
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7. Threshold(s) that is/are crossed or        Interest in less than of 3% of
reached:                                      issued share capital.         
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8: Notified Details                                                         
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A: Voting rights attached to shares                                         
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Class/type of Situation      Resulting situation after the triggering       
shares        previous to    transaction                                    
If possible   the triggering                                                
use ISIN code transaction                                                   
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             Number of Number Number of Number of voting  Percentage of     
             shares    of     shares    rights            voting rights     
                       voting                                               
                       rights                                               
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                                      Direct     Indirect Direct    Indirect
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Ordinary     8,389,556 -    8,851,740 See note 4 -       2.69%      -       
Shares                                above. I&S         (Note: For         
ISIN                                  has                these              
GB00B04M1L91                          dispositive        purposes we        
                                      authority          have               
                                      over               assumed            
                                      8,851,740          that               
                                      shares.            dispositive        
                                                         authority          
                                                         is                 
                                                         equivalent         
                                                         to voting          
                                                         rights).           
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B: Financial Instruments   N/A                                              
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Resulting situation after the triggering transaction                        
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Type of        Expiration     Exercise/      No. of voting   Percentage of  
financial      date           conversion     rights that may voting rights  
instrument                    period/date    be acquired (if                
                                             the instrument                 
                                             exercised/conve                
                                             rted)                          
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Total (A+B)                                                                 
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Number of voting rights                Percentage of voting rights          
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8,851,740 (Note: For these purposes we 2.69% (Note: For these purposes we   
have assumed that dispositive          have assumed that dispositive        
authority is equivalent to voting      authority is equivalent to voting    
rights.)                               rights).                             
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9. Chain of controlled undertakings through which the voting rights and /or 
the financial instruments are effectively held, if applicable:              
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N/A                                                                         
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Proxy Voting:                                                               
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10. Name of proxy holder:                          N/A                      
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11. Number of voting rights proxy holder will      N/A                      
cease to hold:                                                              
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12. Date on which proxy holder will cease to hold  N/A                      
voting rights:                                                              
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13. Additional information:                                                 
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14 Contact name:                                   Frank Stolba             
                                                   Managing Director        
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15. Contact telephone name:                        (001) (212) 269 7814     
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Frank Stolba
Managing Director
(001) (212) 269 7814 
 
 
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