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. |