Director/PDMR Shareholding

RNS Number : 6604G

Kenmare Resources PLC

16 May 2011

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

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 Simon Farrell	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 Simon Farrell	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 Newcove International Inc	8	State the nature of the transaction Sale and purchase of Ordinary Shares
9	Number of shares, debentures or financial instruments relating to shares acquired 130,000 shares	10	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.005%
11	Number of shares, debentures or financial instruments relating to shares disposed 651,257 shares	12	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.0271%
13	Price per share or value of transaction Sale of shares: 14 April 2011: 100,000 shares at Stg48.50p 15 April 2011 : 29,683 shares at Stg 50p 19 April 2011 : 30,000 shares at Stg 49p 20 April 2011 : 50,000 shares at Stg 49.50p 20 April 2011 : 391,574 shares at Stg 49.75p 20 April 2011 : 50,000 shares at Stg 50p Purchase of shares: 21 April 2011 : 130,000 shares at Stg 50p	14	Date and place of transaction Date: See box 13 Place: London
15	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 466,333 Ordinary Shares 0.02%	16	Date issuer informed of transaction 13th May 2011

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 Simon Farrell advised the Company that he disposed of shares in Kenmare, along with significant financial interests in other entities, in order to fund the purchase of properties in Australia and in the UK.	24	Name of contact and telephone number for queries Deirdre Corcoran Ph. +353-1-6710411