KMR Kenmare Resources Plc

 
TIDMKMR 
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

The Company announces that on 23 March 2023, Ben Baxter, Chief Operations Officer and a Person Discharging Managerial Responsibilities, exercised nil-cost options over 33,267 ordinary shares of EUR0.001 each in the capital of the Company ('Shares') in accordance with the Restricted Share Awards that were granted to him on 15 March 2018 and 15 March 2019. Full details of the Awards were included in a regulatory announcement released on 19 March 2018 and 19 March 2019 respectively and in the Company's 2018 and 2019 Annual Reports and Accounts. A total of 15,968 Shares will be issued to or purchased by the Company's Employee Benefit Trust for the benefit of Mr. Baxter. This represents the net number of Shares due to Mr. Baxter after the appropriate tax and national insurance liabilities were taken into account.

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                          BEN BAXTER 
    ----------------------------  -------------------------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------- 
a)  Position/status               CHIEF OPERATIONS OFFICER 
    ----------------------------  -------------------------------------------- 
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     ACQUISITION OF SHARES FOR NO CONSIDERATION 
                                   PURSUANT TO THE EXERCISE OF NIL-COST 
                                   OPTIONS GRANTED ON 15 MARCH 2018 AND 
                                   15 MARCH 2019 UNDER THE KENMARE RESOURCES 
                                   PLC RESTRICTED SHARE PLAN 
    ----------------------------  -------------------------------------------- 
c)  Price(s) and volume(s)        Price(s)      Volume(s) 
    ----------------------------  ------------  ------------------------------ 
                                  NIL           15,968 SHARES ACQUIRED 
                                                 AFTER REDUCTION FOR 
                                                 APPROPRIATE TAX AND 
                                                 NATIONAL INSURANCE 
    ----------------------------  ------------  ------------------------------ 
 
 
 
d)  Aggregated information        N/A 
     -- Aggregated volume 
     -- Price 
    ----------------------------  -------------------------------------------- 
e)  Date of the transaction       2023-03-23 
    ----------------------------  -------------------------------------------- 
f)  Place of the transaction      OTHER THAN ON A TRADING VENUE 
    ----------------------------  -------------------------------------------- 
g)  Additional Information 
    ----------------------------  -------------------------------------------- 
 
 
 

(END) Dow Jones Newswires

March 28, 2023 11:30 ET (15:30 GMT)

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