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 €0.001 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 Amendment | INITIAL NOTIFICATION | |
| 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 financial instrument, type of instrument | ORDINARY SHARES OF €0.001 EACH | |
| 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 — Aggregated volume — Price | N/A | |
| 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 €0.001 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 Amendment | INITIAL NOTIFICATION | |
| 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 financial instrument, type of instrument | ORDINARY SHARES OF €0.001 EACH | |
| 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 — Aggregated volume — Price | N/A | |
| 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 | |
