Kenmare Resources Holding(s) In Company
January 07 2021 - 9:19AM
UK Regulatory
TIDMKMR
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)(i)
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1a. Identity of the issuer or the underlying
issuer of existing shares to which
voting rights are attached(ii) : Kenmare Resources
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1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
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Non-UK issuer X
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2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
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An acquisition or disposal of voting rights
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An acquisition or disposal of financial instruments
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An event changing the breakdown of voting rights
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Other (please specify)(iii) : Following the UK's departure from the
EU at 11pm 31st December 2020, the below holding became reportable
under DTR5. X
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3. Details of person subject to the notification obligation(iv)
Name M&G Plc
City and country of registered office
(if applicable) London, England
4. Full name of shareholder(s) (if different from 3.)(v)
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Name
----------------------------------------------- -----------------------------------------------------------
City and country of registered office
(if applicable)
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5. Date on which the threshold was
crossed or reached(vi) : 31/12/2020
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6. Date on which issuer notified (DD/MM/YYYY): 05/01/2021
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7. Total positions of person(s) subject to the notification obligation
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% of voting rights
% of voting rights through financial Total number
attached to shares instruments (total Total of both of voting rights
(total of 8. A) of 8.B 1 + 8.B 2) in % (8.A + 8.B) held in issuer(vii)
----------------------- ---------------------- ------------------ ----------------- --------------------
Resulting situation
on the date on
which threshold
was crossed or
reached 19.47% 0.00% 19.47% 109,736,382
----------------------- ---------------------- ------------------ ----------------- --------------------
Position of previous N/A N/A N/A
notification (if
applicable)
----------------------- ---------------------- ------------------ ----------------- --------------------
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached(viii)
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A: Voting rights attached to shares
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Class/type of
shares
ISIN code (if
possible) Number of voting rights(ix) % of voting rights
-------------------
Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
------------------ ---------- ---------------------- -------------------------------- -----------------------
ORD EUR0.001
IE00BDC5DG00 21,375,798 19.47%
------------------- ---------- ---------------------- -------------------------------- -----------------------
SUBTOTAL 8. A 21,375,798 19.47%
------------------- ---------------------------------- ---------------------------------------------------------
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
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Type of financial Expiration Exercise/ Number of voting % of voting rights
instrument date(x) Conversion Period(xi) rights that may be
acquired if the instrument
is
exercised/converted.
------------------- ---------- ---------------------- -------------------------------- -----------------------
SUBTOTAL 8. B 1
---------------------- -------------------------------- -----------------------
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
(1) (b)
------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Physical or cash Number of % of voting rights
instrument date(x) Conversion settlement(xii) voting rights
Period (xi)
------------------ ----------- ---------------------- ---------------- -----------------------
SUBTOTAL 8.B.2
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9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by
any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the (underlying)
issuer(xiii)
Full chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity(xiv) (please add additional
rows as necessary) X
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% of voting rights
through financial
% of voting rights instruments if it Total of both if
if it equals or is equals or is higher it equals or is higher
higher than the notifiable than the notifiable than the notifiable
Name(xv) threshold threshold threshold
---------------------------- ----------------------------- ---------------------- -----------------------
M&G Plc (Parent Company) 19.47% 0.00% 19.47%
---------------------------- ----------------------------- ---------------------- -----------------------
M&G Group Regulated
Entity Holding Company
Limited (wholly owned
subsidiary of M&G
Plc) 19.47% 0.00% 19.47%
---------------------------- ----------------------------- ---------------------- -----------------------
M&G Group Limited
(wholly owned subsidiary
of M&G Group Regulated
Entity Holding Company
Limited) 19.47% 0.00% 19.47%
---------------------------- ----------------------------- ---------------------- -----------------------
M&G FA Limited
(wholly owned subsidiary
of M&G Group Limited) 19.47% 0.00% 19.47%
---------------------------- ----------------------------- ---------------------- -----------------------
M&G Investment
Management Limited
(wholly owned subsidiary
of M&G FA Limited) 19.47% 0.00% 19.47%
---------------------------- ----------------------------- ---------------------- -----------------------
10. In case of proxy voting, please identify:
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Name of the proxy holder
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The number and % of voting rights held
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The date until which the voting rights
will be held
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11. Additional information(xvi)
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Place of completion London, England
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Date of completion 05/01/2021
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Notes
(i) Please note this form should be read jointly with the applicable
Disclosure Guidance and Transparency Rules Chapter 5 (DTR5) available on
the following link:
https://www.globenewswire.com/Tracker?data=Eskd3_2a2AmrD3OqENCQsBMvgAZAre6P8IHqCzRLBwo0aO8QZ09V4YVcbLrKOHACGR-kia_-P3LDkXcSSqBSduG1BwIWqGLHAHnEkGOMXhSa3NHRHg7y0_9oYmZwHUzzJDP046ZmyITlOcIWMlTVXacfLguq3cgqpbJsakOkTDWmYrqlLZX8lqLO5wHE9rRP
https://www.handbook.fca.org.uk/handbook/DTR/5/?view=chapter
(ii) Full name of the legal entity and further specification of the
issuer or underlying issuer, provided it is reliable and accurate (e.g.
address, LEI, domestic number identity). Indicate in the relevant
section whether the issuer is a non UK issuer.
(iii) Other reason for the notification could be voluntary notifications,
changes of attribution of the nature of the holding (e.g. expiring of
financial instruments) or acting in concert.
(iv) This should be the full name of (a) the shareholder; (b) the
natural person or legal entity acquiring, disposing of or exercising
voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all
parties to the agreement referred to in DTR5.2.1 (a) or (d) the holder
of financial instruments referred to in DTR5.3.1.
As the disclosure of cases of acting in concert may vary due to the
specific circumstances (e.g. same or different total positions of the
parties, entering or exiting of acting in concert by a single party) the
standard form does not provide for a specific method how to notify cases
of acting in concert.
In relation to the transactions referred to in DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be
mentioned:
- in the circumstances foreseen in DTR5.2.1 (b), the natural person or
legal entity that acquires the voting rights and is entitled to exercise
them under the agreement and the natural person or legal entity who is
transferring temporarily for consideration the voting rights;
- in the circumstances foreseen in DTR5.2.1 (c), the natural person or
legal entity holding the collateral, provided the person or entity
controls the voting rights and declares its intention of exercising them,
and natural person or legal entity lodging the collateral under these
conditions;
- in the circumstances foreseen in DTR5.2.1 (d), the natural person or
legal entity who has a life interest in shares if that person or entity
is entitled to exercise the voting rights attached to the shares and the
natural person or legal entity who is disposing of the voting rights
when the life interest is created;
- in the circumstances foreseen in DTR5.2.1 (e), the controlling natural
person or legal entity and, provided it has a notification duty at an
individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a
combination of any of those situations, the controlled undertaking;
- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of
the shares, if he can exercise the voting rights attached to the shares
deposited with him at his discretion, and the depositor of the shares
allowing the deposit taker to exercise the voting rights at his
discretion;
- in the circumstances foreseen in DTR5.2.1 (g), the natural person or
legal entity that controls the voting rights;
- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he
can exercise the voting rights at his discretion, and the shareholder
who has given his proxy to the proxy holder allowing the latter to
exercise the voting rights at his discretion (e.g. management
companies).
(v) Applicable in the cases provided for in DTR5.2.1 (b) to (h). This
should be the full name of the shareholder who is the counterparty to
the natural person or legal entity referred to DTR5.2 unless the
percentage of voting rights held by the shareholder is lower than the
lowest notifiable threshold for the disclosure of voting rights holdings
in accordance with national practices (e.g. identification of funds
managed by management companies).
(vi) The date on which threshold is crossed or reached should be the
date on which the acquisition or disposal took place or the other reason
triggered the notification obligation. For passive crossings, the date
when the corporate event took effect.
(vii) The total number of voting rights held in the issuer shall be
composed of all the shares, including depository receipts representing
shares, to which voting rights are attached even if the exercise thereof
is suspended.
(viii) If the holding has fallen below the lowest applicable threshold,
please note that it might not be necessary to disclose the extent of the
holding, only that the new holding is below that threshold.
(ix) In case of combined holdings of shares with voting rights attached
"direct holding" and voting rights "indirect holding", please split the
voting rights number and percentage into the direct and indirect columns
-- if there is no combined holdings, please leave the relevant box
blank.
(x) Date of maturity/expiration of the financial instrument i.e. the
date when right to acquire shares ends.
(xi) If the financial instrument has such a period -- please specify
this period -- for example once every 3 months starting from [date].
(xii) In case of cash settled instruments the number and percentages of
voting rights is to be presented on a delta-adjusted basis (DTR
5.3.3.A).
(xiii) If the person subject to the notification obligation is either
controlled and/or does control another undertaking then the second
option applies.
(xiv) The full chain of controlled undertakings starting with the
ultimate controlling natural person or legal entity has to be presented
also in the cases, in which only on subsidiary level a threshold is
crossed or reached and the subsidiary undertaking discloses the
notification as only thus the markets get always the full picture of the
group holdings. In case of multiple chains through which the voting
rights and/or financial instruments are effectively held the chains have
to be presented chain by chain leaving a row free between different
chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).
(xv) The names of controlled undertakings through which the voting
rights and/or financial instruments are effectively held have to be
presented irrespectively whether the controlled undertakings cross or
reach the lowest applicable threshold themselves.
(xvi) Example: Correction of a previous notification.
(END) Dow Jones Newswires
January 07, 2021 10:19 ET (15:19 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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