0001193125-16-455146.txt : 20160209 0001193125-16-455146.hdr.sgml : 20160209 20160209143354 ACCESSION NUMBER: 0001193125-16-455146 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160209 DATE AS OF CHANGE: 20160209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLATINUM GROUP METALS LTD CENTRAL INDEX KEY: 0001095052 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78328 FILM NUMBER: 161398876 BUSINESS ADDRESS: STREET 1: 788 - 550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2B5 BUSINESS PHONE: 6048995450 MAIL ADDRESS: STREET 1: 788 - 550 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2B5 FORMER COMPANY: FORMER CONFORMED NAME: NEW MILLENNIUM METALS CORP DATE OF NAME CHANGE: 19990915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Genesis Asset Managers, LLP CENTRAL INDEX KEY: 0001300978 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: HERITAGE HALL STREET 2: LE MARCHANT STREET, ST. PETER PORT CITY: GUERNSEY, CHANNEL ISLANDS STATE: X0 ZIP: GY1 4HY BUSINESS PHONE: 44 1481 716000 MAIL ADDRESS: STREET 1: HERITAGE HALL STREET 2: LE MARCHANT STREET, ST. PETER PORT CITY: GUERNSEY, CHANNEL ISLANDS STATE: X0 ZIP: GY1 4HY FORMER COMPANY: FORMER CONFORMED NAME: Genesis Fund Managers, LLP DATE OF NAME CHANGE: 20040819 SC 13G 1 d52285dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

PLATINUM GROUP METALS LTD.

(Name of Issuer)

COMMON STOCK, NO PAR VALUE

(Title of Class of Securities)

72765Q205

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 72765Q205   13G   Page 2 of 5 Pages

 

  1.   

NAMES OF REPORTING PERSONS

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

Genesis Asset Mangers, LLP

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨        (b)  ¨

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

61,364,085 (See Items 3 and 6)

   6.   

SHARED VOTING POWER

 

0 (See Items 3 and 6)

   7.   

SOLE DISPOSITIVE POWER

 

61,364,085 (See Items 3 and 6)

   8.   

SHARED DISPOSITIVE POWER

 

0 (See Items 3 and 6)

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

61,364,085 (See Items 3 and 6)

10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.91%

12.  

TYPE OF REPORTING PERSON

 

HC / IA

 

CUSIP No. 72765Q205   13G   Page 3 of 5 Pages

 

Item 1(a). Name of Issuer:

Platinum Group Metals Ltd.

 

Item 1(b). Address of Issuer’s Principal Executive Offices:

Bentall Tower 5

Suite 788 – 550 Burrard Street

Vancouver

British Columbia

V6C 2B5

Canada

 

Item 2(a). Name of Person Filing:

Genesis Asset Managers, LLP

 

Item 2(b). Address of Principal Business Office or, if None, Residence:

Genesis Asset Managers, LLP

Heritage Hall

Le Marchant Street

St. Peter Port

Guernsey GY1 4HY

Channel Islands

 

Item 2(c). Citizenship:

Delaware

 

Item 2(d). Title of Class of Securities:

COMMON STOCK, No Par Value

 

Item 2(e). CUSIP Number:

72765Q205

 

Item 3. Classification

(g)(e) Genesis Asset Managers, LLP (“GAM”) is reporting on this Schedule 13-G for itself as a registered investment adviser and as the control person of Genesis Investment Management, LLP (“GIM”). GAM and GIM are both registered investment advisers.

 

Item 4. Ownership.

 

  a) Amount beneficially owned: 61,364,085

 

  b) Percent of Class: 7.91%

 

  c) Number of shares as to which GAM has:

CUSIP No. 72765Q205   13G   Page 4 of 5 Pages

 

  (i) sole power to vote or to direct the vote: 61,364,085

 

  (ii) shared power to vote or direct the vote: 0

 

  (iii) sole power to dispose or to direct the disposition of: 61,364,085

shared power to dispose or to direct the disposition of: 0

 

Item 5. Ownership of Five Percent or Less of a Class.

N/A

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

GAM provides investment advisory services on a discretionary basis to institutional investors and in-house pooled funds for institutional investors. GAM is the parent entity of GIM which provides sub-advisory services to GAM for the accounts of the institutional clients of GAM. In the aggregate, the client accounts managed by GAM hold more than 5% of the outstanding securities subject to this filing on Schedule 13-G. The Form 13G filed by GAM includes a report filed by GIM, the sub-advisor to GAM.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

See Item 3 above. The address of GAM’s principal office and place of business is as follows:

Genesis Asset Managers, LLP

Heritage Hall

Le Marchant Street

St. Peter Port

Guernsey GY1 4HY

Channel Islands

 

Item 8. Identification and Classification of Members of the Group.

N/A

 

Item 9. Notice of Dissolution of Group.

N/A

 

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purposes of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired with or as a participant in any transaction having such purposes or effect.

CUSIP No. 72765Q205   13G   Page 5 of 5 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

GENESIS ASSET MANAGERS, LLP
By:  

/s/ Jens Molier-Butcher

  Jens Molier-Butcher
  Director

Date: 19th January 2016