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 |
Name of the Issuer
Kenmare Resources plc. |
2 |
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)
|
|
3 |
Name of person discharging managerial responsibilities/director
Tony McCluskey |
4 |
State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
No |
|
5 |
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
Tony McCluskey |
6 |
Description of shares (including class) debentures or derivatives or financial instruments relating to shares
Ordinary Shares of nominal value Euro 0.06c each |
|
7 |
Name of registered shareholder(s) and, if more than one, number of shares held by each of them
Tony McCluskey |
8 |
State the nature of the transaction
a) Exercise of share options and transfer of Ordinary Shares by way of disposal of beneficial interest.
b) Exercise of share option. |
|
9 |
Number of shares, debentures or financial instruments relating to shares acquired
a) 427,680 Ordinary Shares
b) 52,320 Ordinary Shares |
10 |
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.01% |
|
11 |
Number of shares, debentures or financial instruments relating to shares disposed
427,680 Ordinary Shares |
12 |
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.06% |
|
13 |
Price per share or value of transaction
a) Exercise price per option: 80,000 shares at Stg4.4p, 100,000 shares at Stg4.6p and 247,680 at Stg9.6p. Value of transaction: Stg38.5p per share by way of disposal of beneficial interest and transfer of shares.
b) Exercise price of Stg9.6p. |
14 |
Date and place of transaction
a) 18th January 2006, Dublin
b) 20th January 2006, Dublin |
|
15 |
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
200,000 Ordinary Shares
0.03% |
16 |
Date issuer informed of transaction
a) 18th January 2006
b) 20th January 2006 |
If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:
|
17 |
Date of grant |
18 |
Period during which or date on which it can be exercised |
|
19 |
Total amount paid (if any) for grant of the option |
20 |
Description of shares or debentures involved (class and number) |
|
21 |
Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise |
22 |
Total number of shares or debentures over which options are held following notification |
|
23 |
Any additional information
N/A |
24 |
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 20th January 2006 |