Kenmare Resources Director/Pdmr Shareholding
10 September 2021 - 7:00PM
UK Regulatory
TIDMKMR
Kenmare Resources plc
("Kenmare" or "the Company" or "the Group")
10 September 2021
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
The Company announces that on 9 September 2021, Michael Carvill,
Managing Director and a Person Discharging Managerial
Responsibilities, sold 20,000 ordinary shares of EUR0.001 each in
the capital of the Company ('Shares').
The sale constituted 6.2% of Mr Carvill's shareholding
immediately prior to the sale. Post the sale, his shareholding
remains in excess of the Remuneration Policy guideline of a minimum
250% of salary. This shareholding does not take into account any
shares awarded, but not fully vested, within the Kenmare Resources
Share Plan.
Mr. Carvill has indicated to the Board that he does not intend
to make any further disposals in the foreseeable future.
Further information
This form is required for disclosure of transactions under
Article 19 of Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse
(Market Abuse Regulation)
1 Details of the person discharging managerial responsibilities/person
closely associated
--------------------------------------------------------------------------
a) Name MICHAEL CARVILL
-------------------------------------- ----------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status MANAGING DIRECTOR
-------------------------------------- ----------------------------------
b) Initial Notification INITIAL NOTIFICATION
Amendment
-------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name KENMARE RESOURCES PLC
-------------------------------------- ----------------------------------
b) LEI 635400ETHWP1EKJMDO16
-------------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
--------------------------------------------------------------------------
a) Description of the ORDINARY SHARES OF EUR0.001 EACH
financial instrument,
type of
instrument
-------------------------------------- ----------------------------------
Identification code IE00BDC5DG00
-------------------------------------- ----------------------------------
b) Nature of the transaction DISPOSAL OF SHARES
-------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------- --------------- -----------------
20,000 STGGBP4.25
-------------------------------------- --------------- -----------------
d) Aggregated information
-- Aggregated volume
-- Price
-------------------------------------- ----------------------------------
e) Date of the transaction 9 SEPTEMBER 2021
-------------------------------------- ----------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE
-------------------------------------- ----------------------------------
g) Additional Information
-------------------------------------- ----------------------------------
For further information, please contact:
Kenmare Resources plc
Jeremy Dibb
Investor Relations
Tel: +353 1 671 0411
Mob: + 353 87 943 0367
Murray (PR advisor)
Joe Heron
Tel: +353 1 498 0300
Mob: +353 87 690 9735
About Kenmare Resources
Kenmare Resources plc is one of the world's largest producers of
mineral sands products. Listed on the London Stock Exchange and the
Euronext Dublin, Kenmare operates the Moma Titanium Minerals Mine
in Mozambique. Moma's production accounts for approximately 5% of
traded global titanium feedstocks and the Company supplies to
customers operating in more than 15 countries. Kenmare produces raw
materials that are ultimately consumed in everyday "quality-of
life" items such as paints, plastics and ceramic tiles.
Forward Looking Statements
This announcement contains some forward-looking statements that
represent Kenmare's expectations for its business, based on current
expectations about future events, which by their nature involve
risks and uncertainties. Kenmare believes that its expectations and
assumptions with respect to these forward-looking statements are
reasonable. However, because they involve risk and uncertainty,
which are in some cases beyond Kenmare's control, actual results or
performance may differ materially from those expressed or implied
by such forward-looking information.
(END) Dow Jones Newswires
September 10, 2021 05:00 ET (09:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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