Director Transactions
Kenmare Resources plc ("Kenmare" or "the Company")
Director Transactions
Directors of Kenmare Resources plc have been involved in transactions
in the Company's shares. Five directors exercised options which were
due to expire today. Some of the resulting shares have been held by
those directors and the balance have been purchased by another
director. Following these transactions and the exercise of warrants
announced on 5th January, director holdings have changed as follows:
Chairman Charles Carvill exercised warrants over 400,000 shares and
held all the resulting shares. This has increased his shareholding
from 4,278,157 shares to 4,678,157 shares, which represents an
increase in his shareholding of 9%.
Michael Carvill exercised options and warrants over 1,976,629 shares
and held 362,648 shares. This has increased his shareholding from
2,337,352 shares to 2,700,000 shares, which represents an increase in
his shareholding of 15%.
Tony McCluskey exercised options over 480,000 shares and held 52,320
shares. This has increased his shareholding from 147,680 shares to
200,000 shares, which represents an increase in his shareholding of
35%.
Deputy Chairman, Donal Kinsella has purchased 2,691,661 shares. This
has increased his shareholding from 1,253,837 shares to 3,945,498
shares, which represents an increase in his shareholding of 215%.
Dr. Alastair Brown exercised warrants over 40,000 shares and held all
the resulting shares. This has increased his shareholding from
147,070 shares to 187,070 shares, which represents an increase in his
shareholding of 27%.
Non-executive Director Terry Fitzpatrick exercised options over
360,000 shares and disposed of these shares. His shareholding of
37,994 shares remains unchanged.
Further details of the transactions are contained in the relevant
regulatory notifications, including Schedules 11 released in respect
of the warrants on 5th January and the options today.
For more information:
Kenmare Resources plc.
Michael Carvill, Managing Director
Tel: + 353 1 671 0411
Mob: + 353 87 674 0110
Tony McCluskey, Financial Director
Tel: + 353 1 671 0411
Mob: + 353 87 674 0346
Conduit PR Ltd
Leesa Peters
Tel: +44 (0) 207 429 6600
Mob: + 44 (0) 781 215 9885
Murray Consultants Ltd
Elizabeth Headon
Tel: + 353 1 498 0300
Mob: + 353 87 989 7234
www.kenmareresources.com
20th January, 2006
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