Kenmare Resources plc : Form 8.1(a) & (b)(i)


Ap9


APPENDIX 3 DISCLOSURE FORMS


FORM 8.1(a)&(b)(i)


IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 8.1(a) AND (b)(i) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY OFFERORS, OFFEREES OR PARTIES ACTING IN CONCERT WITH THEM FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

  1. KEY INFORMATION
Name of person dealing (Note 1)  Michael Carvill
Company dealt in  Kenmare Resources plc
Class of relevant security to which the dealings being disclosed relate (Note 2) Performance share award in the form of options over ordinary shares of €0.06 each
Date of dealing  21 October 2014
  1. INTERESTS AND SHORT POSITIONS
     
  2. Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
  Long Short
  Number   (%) Number   (%)
(1) Relevant securities 3,285,963 (47.8%) *  
(2) Derivatives (other than options)    
(3) Options and agreements to purchase/sell    
Total 3,285,963 (47.8%) *  
  1. Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
Class of relevant security: Long Short
  Number   (%) Number   (%)
(1) Relevant securities 4,902,030 ordinary shares (0.18%)
19,358,000 options (14%)
 
 

(2) Derivatives (other than options)
   
 

(3) Options and agreements to purchase/sell
   
Total 24,260,030 (0.8%)  

Ap10

  1. DEALINGS (Note 4)
     
  2. Purchases and sales
Purchase/sale Number of relevant securities Price per unit (Note 5)
N/A    
  1. Derivatives transactions (other than options transactions)
Product name,

e.g. CFD
Nature of transaction

(Note 6)
Number of relevant securities

(Note 7)
Price per unit

(Note 5)
N/A      
  1. Options transactions in respect of existing relevant securities
  1. Writing, selling, purchasing or varying
Product name,
e.g. call option
Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5)
N/A            
  1. Exercising
Product name,

e.g. call option
Number of securities Exercise price per unit (Note 5)
N/A    
  1. Other dealings (including transactions in respect of new securities) (Note 4)
Nature of transaction

(Note 8)
Details Price per unit

(if applicable) (Note 5)
Grant of initial KIP award in the form of performance share award under the Kenmare Incentive Plan Grant of options over 3,285,963 ordinary shares

 

This Initial KIP Award was specifically approved by shareholders at the Company's Annual General Meeting on 28 May 2014 (Resolution 8). The number of shares awarded has been determined based on a percentage of salary and using a share price of Stg26.5p. Under the terms of the Initial KIP Award, the options (with no exercise price) will vest after three years against TSR performance as follows (as a percentage of award):

  • Against FTSE 250: 50%
  • Against FTSE/MSCI Mining Index: 50%
 
Nil

Ap11

4.       OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

* Calculated as a percentage of total performance share awards in the form of options in issue

Is a Supplemental Form 8 attached? (Note 9)                                            YES/NO

Date of disclosure 21 October 2014
Contact name Deirdre Corcoran
Telephone number +353 1 6710411
Name of offeree/offeror with which acting in concert Kenmare Resources plc
Specify category and nature of acting in concert status Director


Ap9


APPENDIX 3 DISCLOSURE FORMS


FORM 8.1(a)&(b)(i)


IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 8.1(a) AND (b)(i) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY OFFERORS, OFFEREES OR PARTIES ACTING IN CONCERT WITH THEM FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

  1. KEY INFORMATION
Name of person dealing (Note 1) Tony McCluskey
Company dealt in  Kenmare Resources plc
Class of relevant security to which the dealings being disclosed relate (Note 2) Performance share award in the form of options over ordinary shares of €0.06 each
Date of dealing  21 October 2014
  1. INTERESTS AND SHORT POSITIONS
     
  2. Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
  Long Short
  Number   (%) Number   (%)
(1) Relevant securities 2,168,615 (31.5%) *  
(2) Derivatives (other than options)    
(3) Options and agreements to purchase/sell    
Total 2,168,615 (31.5%) *  
  1. Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
Class of relevant security: Long Short
  Number   (%) Number   (%)
(1) Relevant securities 681,250 ordinary shares (0.02%)
13,466,667 options (9.7%)
 
 

(2) Derivatives (other than options)
   
 

(3) Options and agreements to purchase/sell
   
Total 14,147,917 (0.5%)  

Ap10

  1. DEALINGS (Note 4)
     
  2. Purchases and sales
Purchase/sale Number of relevant securities Price per unit (Note 5)
N/A    
  1. Derivatives transactions (other than options transactions)
Product name,

e.g. CFD
Nature of transaction

(Note 6)
Number of relevant securities

(Note 7)
Price per unit

(Note 5)
N/A      
  1. Options transactions in respect of existing relevant securities
  1. Writing, selling, purchasing or varying
Product name,
e.g. call option
Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5)
N/A            
  1. Exercising
Product name,

e.g. call option
Number of securities Exercise price per unit (Note 5)
N/A    
  1. Other dealings (including transactions in respect of new securities) (Note 4)
Nature of transaction

(Note 8)
Details Price per unit

(if applicable) (Note 5)
Grant of initial KIP award in the form of performance share award under the Kenmare Incentive Plan Grant of options over 2,168,615 ordinary shares

 

This Initial KIP Award was specifically approved by shareholders at the Company's Annual General Meeting on 28 May 2014 (Resolution 8). The number of shares awarded has been determined based on a percentage of salary and using a share price of Stg26.5p. Under the terms of the Initial KIP Award, the options (with no exercise price) will vest after three years against TSR performance as follows (as a percentage of award):

  • Against FTSE 250: 50%
  • Against FTSE/MSCI Mining Index: 50%
 
Nil

Ap11

8.       OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

* Calculated as a percentage of total performance share awards in the form of options in issue

Is a Supplemental Form 8 attached? (Note 9)                                            YES/NO

Date of disclosure 21 October 2014
Contact name Deirdre Corcoran
Telephone number +353 1 6710411
Name of offeree/offeror with which acting in concert Kenmare Resources plc
Specify category and nature of acting in concert status Director


Ap9


APPENDIX 3 DISCLOSURE FORMS


FORM 8.1(a)&(b)(i)


IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 8.1(a) AND (b)(i) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY OFFERORS, OFFEREES OR PARTIES ACTING IN CONCERT WITH THEM FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

  1. KEY INFORMATION
Name of person dealing (Note 1) Terry Fitzpatrick
Company dealt in  Kenmare Resources plc
Class of relevant security to which the dealings being disclosed relate (Note 2) Performance share award in the form of options over ordinary shares of €0.06 each
Date of dealing  21 October 2014
  1. INTERESTS AND SHORT POSITIONS
     
  2. Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
  Long Short
  Number   (%) Number   (%)
(1) Relevant securities 1,421,044 (20.7%) *  
(2) Derivatives (other than options)    
(3) Options and agreements to purchase/sell    
Total 1,421,044 (20.7%) *  
  1. Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
Class of relevant security: Long Short
  Number   (%) Number   (%)
(1) Relevant securities 108,807 ordinary shares (0.004%)
4,900,000 options (3.5%)
 
 

(2) Derivatives (other than options)
   
 

(3) Options and agreements to purchase/sell
   
Total 5,008,807 (0.2%)  

Ap10

  1. DEALINGS (Note 4)
     
  2. Purchases and sales
Purchase/sale Number of relevant securities Price per unit (Note 5)
N/A    
  1. Derivatives transactions (other than options transactions)
Product name,

e.g. CFD
Nature of transaction

(Note 6)
Number of relevant securities

(Note 7)
Price per unit

(Note 5)
N/A      
  1. Options transactions in respect of existing relevant securities
  1. Writing, selling, purchasing or varying
Product name,
e.g. call option
Writing, selling, purchasing, varying etc. Number of securities to which the option relates (Note 7) Exercise price Type, e.g. American, European etc. Expiry date Option money paid/received per unit (Note 5)
N/A            
  1. Exercising
Product name,

e.g. call option
Number of securities Exercise price per unit (Note 5)
N/A    
  1. Other dealings (including transactions in respect of new securities) (Note 4)
Nature of transaction

(Note 8)
Details Price per unit

(if applicable) (Note 5)
Grant of initial KIP award in the form of performance share award under the Kenmare Incentive Plan Grant of options over 1,421,044 ordinary shares

 

This Initial KIP Award was specifically approved by shareholders at the Company's Annual General Meeting on 28 May 2014 (Resolution 8). The number of shares awarded has been determined based on a percentage of salary and using a share price of Stg26.5p. Under the terms of the Initial KIP Award, the options (with no exercise price) will vest after three years against TSR performance as follows (as a percentage of award):

  • Against FTSE 250: 50%
  • Against FTSE/MSCI Mining Index: 50%
 
Nil

Ap11

12.     OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

* Calculated as a percentage of total performance share awards in the form of options in issue

Is a Supplemental Form 8 attached? (Note 9)                                            YES/NO

Date of disclosure 21 October 2014
Contact name Deirdre Corcoran
Telephone number +353 1 6710411
Name of offeree/offeror with which acting in concert Kenmare Resources plc
Specify category and nature of acting in concert status Director
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