Kenmare Resources Reaffirms Regulatory Compliance Under Irish Takeover Rules

PUBLISHED: 01 May 2025 @ 18:04 | Comments (0) | More info about Fiona Craig

Kenmare Resources Plc (LSE:KMR) has confirmed its adherence to Rule 2.12 of the Irish Takeover Rules, disclosing an issued share capital of 89,228,161 ordinary shares. In addition, the company has granted options over 3,080,592 shares through its restricted share plan. The company’s shares are listed on both Euronext Dublin and the FCA’s premium segment, reinforcing its commitment to corporate transparency and regulatory integrity.

This disclosure underscores Kenmare’s dedication to maintaining high standards in governance and shareholder communication—an essential factor in sustaining investor trust and regulatory confidence across its dual listings.

Despite some financial headwinds, particularly in cash flow and margin pressures, Kenmare’s valuation remains compelling. The stock benefits from recent positive corporate developments and a strong market presence, although technical indicators suggest cautious momentum in the short term.

Company Overview

Kenmare Resources Plc is a leading global supplier of titanium feedstocks and zircon, extracted from its Moma Titanium Minerals Mine in Mozambique. The company’s minerals are used in the production of everyday goods such as paints, plastics, and ceramics. With customers in over 15 countries, Kenmare plays a critical role in the global supply chain for industrial raw materials.

Key Metrics:

Year-to-Date Share Price Gain: +28.46%
Average Daily Trading Volume: 155,867 shares
Technical Sentiment: Sell
Market Capitalization: £364.5 million

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