Kolar Gold Limited FORM 8 PUBLIC OPENING POSITION DISCLOSURE (8839J)
December 22 2015 - 5:54AM
UK Regulatory
TIDMKGLD
RNS Number : 8839J
Kolar Gold Limited
22 December 2015
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: Kolar Gold Limited
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(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Kolar Gold Limited
Use a separate form for each offeror/offeree
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(d) Is the discloser the offeror or the offeree? OFFEREE
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(e) Date position held: 21/12/2015
The latest practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect N/A.
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
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2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in
more than one class of relevant securities of the offeror or
offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for
each additional class of relevant security.
(a) Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates
Class of relevant security: Ordinary Shares
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Interests Short positions
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Number % Number %
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(1) Relevant securities owned and/or controlled:
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(2) Cash-settled derivatives:
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
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TOTAL:
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All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists:
N/A
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Details, including nature of the rights concerned and relevant percentages:
N/A
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3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
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Shareholder / Amount of Ordinary Percentage
Interested Party Shares of Issued Share
Capital
---------------------- ------------------- -----------------
Harvinder Hungin
director of Kolar
Gold
Trustee - SG
Hambros Trust
Company (Channel
Islands) Limited.
Settlor - Harvinder
Hungin
Beneficiaries
- Harvinder Hungin;
Elisabeth Hungin
(wife); Simon
Hungin (son);
James Hungin
(son) 170,000 0.16%
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Steven Coe, Director
of Kolar Gold 237,439 0.22%
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Nick Spencer,
CEO 2,103,569 1.98%
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Shares
Options
Interested Options Date Option Currency Exercise
Party Held of Grant Expiry Price
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Harvinder
Hungin 450,000.00 17/06/2011 17/06/2016 GBP 0.40
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Stephen Oke 350,000.00 17/06/2011 17/06/2016 GBP 0.40
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Stephen Coe 350,000.00 17/06/2011 17/06/2016 GBP 0.40
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Harvinder
Hungin 150,000.00 31/12/2012 31/12/2017 GBP 0.0838
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Stephen Oke 125,000.00 31/12/2012 31/12/2017 GBP 0.0838
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Stephen Coe 125,000.00 31/12/2012 31/12/2017 GBP 0.0838
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Harvinder
Hungin 150,000.00 16/12/2013 16/12/2018 GBP 0.0638
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Stephen Oke 125,000.00 16/12/2013 16/12/2018 GBP 0.0638
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Stephen Coe 125,000.00 16/12/2013 16/12/2018 GBP 0.0638
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Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party
to the offer making the disclosure, or any person acting in concert with it, and any other
person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which
any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
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None
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(c) Attachments
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