Understanding Kenmare Resources' Share Capital Structure Today
Overview of Kenmare Resources plc Share Capital
In a recent announcement, Kenmare Resources plc has disclosed key information about its current share capital under the Irish Takeover Rules. As of this date, the company's issued share capital consists of 89,228,161 ordinary shares, each with a nominal value of €0.001. Understanding share capital structures is essential for investors who wish to navigate the complexities of the market.
Details on Ordinary Shares
The ordinary shares represent the basic shares of the company, reflecting ownership in Kenmare Resources. Importantly, the company does not hold any ordinary shares as treasury shares. Moreover, there are outstanding options totaling 3,150,995 ordinary shares, which are part of the Company's restricted share plan, inclusive of any accrued dividend equivalents.
Regulatory Compliance
Kenmare Resources adheres to the regulations set forth by the Irish Takeover Panel. The ordinary shares of the company are officially listed on Euronext Dublin, and they also enjoy a premium listing on the FCA's official list. This dual listing provides investors with increased visibility and the potential for greater liquidity.
Investor Relations and Responsibilities
The directors of Kenmare Resources plc express their commitment to transparency. They have taken thorough measures to ensure that all information provided in the announcement is accurate and complete, which is crucial for maintaining investor confidence and adherence to the relevant legal and regulatory frameworks.
Contact Information
For any inquiries regarding the company’s shares or related financial matters, investors can reach out to Katharine Sutton in Investor Relations at Kenmare Resources plc. She can be contacted at +353 1 671 0411, providing a direct line for those seeking clarification or detailed information.
Disclosure of Interests in Securities
Under the Irish Takeover Rules, it is mandatory for any person interested in 1% or more of Kenmare's relevant securities to disclose all dealings in these securities during the offer period. This disclosure fosters transparency within the marketplace and helps in the tracking of significant ownership changes.
Understanding 'Interests' in Securities
Interests in securities can arise when a person has economic exposure to the price changes of these securities. This means that ownership, control, or options associated with the securities qualify as an interest. Investors should carefully consider what constitutes an interest to comply with disclosure requirements.
Resources and Further Information
Individuals requiring more information on disclosure rules can consult the Irish Takeover Panel’s website or reach out directly via +353 1 678 9020. The rules governing interests in securities are designed to protect investors and enhance market integrity.
Frequently Asked Questions
What is Kenmare Resources plc?
Kenmare Resources plc is a mining company focused on the exploration and development of mineral resources. Its operations primarily emphasize the production of titanium minerals.
What does the term 'ordinary shares' mean?
Ordinary shares represent a unit of ownership in a company and provide shareholders with voting rights and a share of the profits in the form of dividends.
How many outstanding options does Kenmare have?
Kenmare Resources has outstanding options totaling 3,150,995 ordinary shares under its restricted share plan.
Where are Kenmare's shares listed?
The ordinary shares of Kenmare Resources are listed on Euronext Dublin and also on the premium listing segment of the FCA's official list.
How can I contact Kenmare's Investor Relations?
You can contact Katharine Sutton at +353 1 671 0411 for any inquiries related to Kenmare Resources plc.
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