TIDMKMR 
 

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

The Company announces that on 24 May 2023, Michael Carvill, Managing Director and a Person Discharging Managerial Responsibilities, exercised nil-cost options over 176,640 ordinary shares of EUR0.001 each in the capital of the Company ('Shares') in accordance with the Restricted Share Award that was granted to him on 13 May 2020. Full details of the Award were included in a regulatory announcement released on 14 May 2020 and in the Company's 2020 Annual Report and Accounts. 84,787 Shares have been purchased by the Company's Employee Benefit Trust and will be held by it for the benefit of Mr. Carvill. This represents the net number of Shares due to Mr. Carvill 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                          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     ACQUISITION OF SHARES FOR NO CONSIDERATION 
                                   PURSUANT TO THE EXERCISE OF NIL-COST 
                                   OPTIONS GRANTED ON 13 MAY 2020 UNDER 
                                   THE KENMARE RESOURCES PLC RESTRICTED 
                                   SHARE PLAN 
    ----------------------------  -------------------------------------------- 
c)  Price(s) and volume(s)        Price(s)      Volume(s) 
    ----------------------------  ------------  ------------------------------ 
                                  NIL           84,787 SHARES ACQUIRED 
                                                 AFTER REDUCTION FOR 
                                                 APPROPRIATE TAX AND 
                                                 NATIONAL INSURANCE 
    ----------------------------  ------------  ------------------------------ 
 
 
 
d)  Aggregated information        N/A 
     -- Aggregated volume 
     -- Price 
    ----------------------------  -------------------------------------------- 
e)  Date of the transaction       2023-05-24 
    ----------------------------  -------------------------------------------- 
f)  Place of the transaction      OTHER THAN ON A TRADING VENUE 
    ----------------------------  -------------------------------------------- 
g)  Additional Information        ORIGINAL AWARD REDUCED FOLLOWING THE 
                                   REMUNERATION COMMITTEE'S ASSESSMENT OF 
                                   A DISCRETIONARY UNDERPIN. SHARES ARE 
                                   SUBJECT TO A TWO-YEAR HOLDING PERIOD. 
    ----------------------------  -------------------------------------------- 
 

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

The Company announces that on 23 May 2023, Ben Baxter, Chief Operations Officer and a Person Discharging Managerial Responsibilities, exercised nil-cost options over 105,633 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 13 May 2020. Full details of the Awards were included in a regulatory announcement released on 14 May 2020. A total of 50,704 Shares have been purchased by the Company's Employee Benefit Trust and will be held 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 13 MAY 2020 UNDER 
                                   THE KENMARE RESOURCES PLC RESTRICTED 
                                   SHARE PLAN 
    ----------------------------  -------------------------------------------- 
c)  Price(s) and volume(s)        Price(s)      Volume(s) 
    ----------------------------  ------------  ------------------------------ 
                                  NIL           50,704 SHARES ACQUIRED 
                                                 AFTER REDUCTION FOR 
                                                 APPROPRIATE TAX AND 
                                                 NATIONAL INSURANCE 
    ----------------------------  ------------  ------------------------------ 
 
 
 
d)  Aggregated information        N/A 
     -- Aggregated volume 
     -- Price 
    ----------------------------  -------------------------------------------- 
e)  Date of the transaction       2023-05-23 
    ----------------------------  -------------------------------------------- 
f)  Place of the transaction      OTHER THAN ON A TRADING VENUE 
    ----------------------------  -------------------------------------------- 
g)  Additional Information        ORIGINAL AWARD REDUCED FOLLOWING THE 
                                   REMUNERATION COMMITTEE'S ASSESSMENT OF 
                                   A DISCRETIONARY UNDERPIN. SHARES ARE 
                                   SUBJECT TO A TWO-YEAR HOLDING PERIOD 
    ----------------------------  -------------------------------------------- 
 
 
 

(END) Dow Jones Newswires

May 29, 2023 02:00 ET (06:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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