SCHEDULE 11
Notification of Transactions of Directors/Persons
Discharging Managerial Responsibility and Connected Persons
This form is intended for use by an issuer to make a
RIS notification required by the Market Abuse Rules and section 53 (as extended
by section 64 of the Companies Act 1990) or entered into the issuer's register
in accordance with section 59 of the Companies Act 1990.
(1)
An issuer making a notification in
respect of a transaction relating to the shares or debentures of the issuer
should complete boxes 1 to 16, 23 and 24.
(2)
An issuer making a notification in
respect of a derivative relating to the shares of the issuer should complete
boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)
An issuer making a notification in
respect of options granted to a director/person discharging managerial
responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)
An issuer making a notification in
respect of a financial instrument relating to the shares of the issuer (other
than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23
and 24.
All relevant boxes should be completed in block
capital letters
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1
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Name of the Issuer
Kenmare
Resources plc.
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2
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State whether the notification relates to:
(i) a transaction notified in accordance with
Market Abuse Rules;
(ii) a
disclosure made in accordance with section 53 (as extended by section 64 of
the Companies Act 1990) or entered into the issuer's register in accordance
with section 59 of the Companies Act 1990; or
(iii) both (i) and (ii).
(iii)
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3
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Name of person discharging managerial
responsibilities/director
Michael
Carvill
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4
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State whether notification relates to a
person connected with a person discharging managerial
responsibilities/director named in 3 and identify the connected person
Yes
Bronagh
Carvill, Oisin Carvill and Peter Carvill all minor children of Michael
Carvill.
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5
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Indicate whether the notification is in
respect of a holding of the person referred to in 3 or 4 above or in respect
of a non-beneficial interest
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6
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Description of shares (including class) debentures
or derivatives or financial instruments relating to shares
Ordinary
shares of nominal value € 0.06 each
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7
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Name of registered shareholder(s) and, if
more than one, number of shares held by each of them
Mr
Michael Carvill & Mrs Bronagh Carvill (Bronagh) 250,000 ordinary shares
MrMichael Carvill & Mrs Bronagh Carvill (Oisin) 250,000 ordinary shares Mr Michael Carvill & Mrs Bronagh Carvill (Peter) 250,000 ordinary shares |
8
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State the nature of the transaction
Acquisition of 750,000 ordinary shares of nominal
value € 0.06 each by way of transfer of 250,000 ordinary shares to Trusts in
each of the minor childrens name by Charles and Margaret Carvill their
grandparents.
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9
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Number of shares, debentures or financial
instruments relating to shares acquired
750,000 Ordinary Shares
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10
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Percentage of issued class acquired
(treasury shares of that class should not be taken into account when
calculating percentage)
0.11%
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11
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Number of shares, debentures or financial
instruments relating to shares disposed
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12
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Percentage of issued class disposed
(treasury shares of that class should not be taken into account when
calculating percentage)
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13
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Price per share or value of transaction
€ 0.25
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14
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Date and place of transaction
8 February 2005, Dublin
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15
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Total holding following notification and
total percentage holding following notification (any treasury shares should
not be taken into account when calculating percentage)
3,450,000 Ordinary Shares
0.51%
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16
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Date issuer informed of transaction
25 May 2006
Original notification of transfer by Charles and
Margaret Carvill for benefit of grandchildren was made on 8th
February, 2005. In the course of finalising the 2005 Annual Report it was noted
that no Schedule 11 form to notify the indirect interest of Michael
Carvill, by way of his minor
children's interest, in these shares was submitted and this is now corrected.
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If a person
discharging managerial responsibilities has been granted options by the issuer,
complete the following boxes:
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17
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Date of grant
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18
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Period during which or date on which it
can be exercised
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19
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Total amount paid (if any) for grant of the option
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20
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Description of shares or debentures
involved (class and number)
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21
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Exercise price (if fixed at time of
grant) or indication that the price is to be fixed at the time of exercise
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22
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Total number of shares or debentures over
which options are held following notification
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23
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Any additional information
N/A
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24
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Name of contact and telephone number for
queries
Tony
McCluskey
Ph.
+353-1-6710411 or +353-87-6740346
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Name and signature of duly designated officer of issuer responsible for making
notification
____________________________________________________
Tony McCluskey, Financial
Director
Date
of notification 25 May 2006
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