Kenmare Resources Discloses Share Capital Details in Line with Irish Takeover Regulations

PUBLISHED: 15 May 2025 @ 18:19 | Comments (0) | More info about Fiona Craig

Kenmare Resources plc (LSE:KMR) has provided an update on its current share capital structure, reporting 89,228,161 ordinary shares outstanding with no shares held in treasury. Additionally, there are options outstanding for 3,076,278 shares under the company’s restricted share plan. This disclosure fulfills obligations under the Irish Takeover Rules, demonstrating Kenmare’s commitment to transparency and regulatory compliance—factors that may positively influence investor sentiment and market confidence.

Despite some pressures on financial performance, including tighter cash flows and margin compression, Kenmare Resources benefits from a solid valuation base and recent positive corporate developments. Technical indicators reveal upward momentum, supporting a cautiously optimistic outlook for future growth and income potential.

About Kenmare Resources

Kenmare Resources plc is a mining company specializing in the extraction and processing of mineral sands. Its product portfolio includes ilmenite, zircon, and rutile—key raw materials widely used in pigment production and ceramics manufacturing. The company targets global markets with its high-quality minerals and is publicly traded on Euronext Dublin as well as on the FCA’s premium listing segment.

Average Daily Trading Volume: 159,176 shares
Technical Sentiment: Buy
Market Capitalization: £353.3 million

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