Source - GNW

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

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 SOFIA BIANCHI

 
2 Reason for the notification
a) Position/status NON EXECUTIVE 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 100% ownership interests in Acquamela S.A.; the assets of Acquamela S.A. include the Ordinary Shares identified in this notification.

 
c) Price(s) and volume(s) Price(s) Volume(s)
Not applicable - no cash consideration paid 31,217
d) Aggregated information
- Aggregated volume
- Price
31,217 Ordinary Shares of €0.001 each; price not applicable

 
e) Date of the transaction 2016-09-19
f) Place of the transaction OUTSIDE A TRADING VENUE
g) Additional Information No pricing information as acquisition of Acquamela S.A. (a private company incorporated under the laws of Panama) was made for no cash consideration but in exchange for a liability owed by the transferor of ownership interests in Acquamela S.A.; as at 2016-09-15 the Ordinary Shares represent approximately 45% of assets of Acquamela S.A.  The transferor is a sibling of the PDMR.

 



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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kenmare Resources via Globenewswire