TIDMSKR

RNS Number : 8620J

Sunkar Resources PLC

17 June 2014

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) Identity of the party to the offer making the disclosure: 
                                                                                                 SUNKAR RESOURCES PLC 
--------------------------------------------------------------------------------------------  ------------------------ 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a): 
  The naming of nominee or vehicle companies is insufficient 
--------------------------------------------------------------------------------------------  ------------------------ 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates: 
  Use a separate form for each party to the offer                                                SUNKAR RESOURCES PLC 
--------------------------------------------------------------------------------------------  ------------------------ 
 (d) Is the party to the offer making the disclosure the offeror or the offeree? 
                                                                                                 OFFEREE 
--------------------------------------------------------------------------------------------  ------------------------ 
 (e) Date position held: 
                                                                                                 16 June 2014 
--------------------------------------------------------------------------------------------  ------------------------ 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in          YES/NO 
 respect                                                                                        If YES, specify which: 
 of any other party to this offer? 
--------------------------------------------------------------------------------------------  ------------------------ 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 

(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 of 0.1p each 
-------------------------------------------------  ------------------------------------- 
                                                       Interests        Short positions 
-------------------------------------------------  -----------------  ------------------ 
                                                     Number      %       Number      % 
-------------------------------------------------  ----------  -----  -----------  ----- 
 (1) Relevant securities owned and/or controlled:      Nil      n/a       Nil       n/a 
-------------------------------------------------  ----------  -----  -----------  ----- 
 (2) Derivatives (other than options):                 Nil      n/a       Nil       n/a 
-------------------------------------------------  ----------  -----  -----------  ----- 
 (3) Options and agreements to purchase/sell:          Nil      n/a       Nil       n/a 
-------------------------------------------------  ----------  -----  -----------  ----- 
                                                       Nil      n/a       Nil       n/a 
   TOTAL: 
-------------------------------------------------  ----------  -----  -----------  ----- 
 
 
 Class of relevant            10% Convertible Loan Notes of $1 each, convertible into Ordinary Shares of 0.1p each, 
 security:                                                          repayable 
                                                                   4 April 2015 
-------------------------  ------------------------------------------------------------------------------------------- 
                                             Interests                                   Short positions 
-------------------------  ---------------------------------------------  -------------------------------------------- 
                                     Number                    %                    Number                   % 
-------------------------  -------------------------  ------------------  -------------------------  ----------------- 
 (1) Relevant securities              Nil                     n/a                    Nil                    n/a 
 owned and/or controlled: 
-------------------------  -------------------------  ------------------  -------------------------  ----------------- 
 (2) Derivatives (other               Nil                     n/a                    Nil                    n/a 
 than options): 
-------------------------  -------------------------  ------------------  -------------------------  ----------------- 
 (3) Options and                      Nil                     n/a                    Nil                    n/a 
 agreements to 
 purchase/sell: 
-------------------------  -------------------------  ------------------  -------------------------  ----------------- 
                                      Nil                     n/a                    Nil                    n/a 
   TOTAL: 
-------------------------  -------------------------  ------------------  -------------------------  ----------------- 
 
   (b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:    Nil 
----------------------------------------------------------------------------  ---- 
 Details, including nature of the rights concerned and relevant percentages:   n/a 
----------------------------------------------------------------------------  ---- 
 

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.

   (c)        Irrevocable commitments and letters of intent 
 
 Details of any irrevocable commitments or letters of intent procured by the party to the offer 
  making the disclosure or any person acting in concert with it (see Note 3 on Rule 2.11 of 
  the Code): 
----------------------------------------------------------------------------------------------- 
 
   None 
----------------------------------------------------------------------------------------------- 
 
   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 of any person acting in 
  concert with the party to the offer making the disclosure: 
------------------------------------------------------------------------------------------ 
 
   3(a) - Interests of directors of Sunkar Resources PLC ("Sunkar"): 
    Director                  Number of        % of Sunkar 
                        Ordinary Shares    issued Ordinary 
                                                    Shares 
   -----------------  -----------------  ----------------- 
    Teck Soon Kong            2,000,000              0.59% 
   -----------------  -----------------  ----------------- 
    Serikjan Utegen          20,413,500              5.98% 
   -----------------  -----------------  ----------------- 
    Nurdin Damitov           21,427,799              6.28% 
   -----------------  -----------------  ----------------- 
 
 
   3(b) - Directors' rights to subscribe for Sunkar shares: 
 
   None 
 
   3(c) - Interests of connected advisers: 
    Adviser                         Number of        % of Sunkar 
                              Ordinary Shares    issued Ordinary 
                                                          Shares 
   -----------------------  -----------------  ----------------- 
    Strand Hanson Limited                   0              0.00% 
   -----------------------  -----------------  ----------------- 
------------------------------------------------------------------------------------------ 
 
   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: 
  If there are no such agreements, arrangements or understandings, state "none" 
------------------------------------------------------------------------------------------------ 
 None 
------------------------------------------------------------------------------------------------ 
 
   (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" 
---------------------------------------------------------------------------------------------- 
 
   None 
---------------------------------------------------------------------------------------------- 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   YES/NO 
-------------------------------------  ------- 
 Supplemental Form 8 (SBL)              YES/NO 
-------------------------------------  ------- 
 
 
 Date of disclosure:    17 June 2014 
---------------------  --------------------- 
 Contact name:          Teck Soon Kong 
---------------------  --------------------- 
 Telephone number:      +44 (0) 20 7397 3730 
---------------------  --------------------- 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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