| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Kenmare Resources Plc | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | ||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
| An event changing the breakdown of voting rights | ||||
| Other (please specify): In-Specie Transfer between Funds | X | |||
| 3. Full name of person(s) subject to the notification obligation: iii | M&G Investment Funds 3 | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | State Street Noms Ltd A/C GMIQ | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 24 June 2013 | |||
| 6. Date on which issuer notified: | 25 June 2013 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | OEIC (15% - 16%) See item 13 | |||
| 8. Notified details: | ||||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | ||||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||
| IE0004879486 | 399,500,000 | 399,500,000 | 409,500,000 | 409,500,000 | 0 | 16.18% | 0 | |||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||||
| Nominal | Delta | |||||||||||||||||
| Total (A+B+C) | ||||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||||
| 409,500,000 | 16.18% | |||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | N/A | |
| 11. Number of voting rights proxy holder will cease to hold: | N/A | |
| 12. Date on which proxy holder will cease to hold voting rights: | N/A | |
| 13. Additional information: | With reference to item 3, M&G Investments Funds 3 is an Open Ended Investment Company (OEIC) and is not a Prudential group company and must be separately disclosed. This OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Ltd has direct fund management control over the shares identified in this notification. Therefore the 16.18% holding being disclosed in this notification is encompassed in the 19.05% being disclosed under The Prudential plc group of companies and is NOT in addition to it. | |
| 14. Contact name: | James Todd / Mark Thomas M&G Investment Management Limited | |
| 15. Contact telephone number: | 020 7548 2293 / 020 7548 3266 | |