TIDMKMR
Standard Form TR-1
Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the Central Bank of Ireland)(i)
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1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached(ii) :
Kenmare Resources Plc
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2. Reason for the notification (please tick the appropriate box or boxes):
[] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)(iii) :
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3. Details of person subject to the notification obligation(iv) :
Name: City and country of registered office (if applicable):
FIL Limited Pembroke, Bermuda
--------------------- -----------------------------------------------------------------------------
4. Full name of shareholder(s) (if different from 3.)(v) :
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5. Date on which the threshold was crossed or reached(vi) :
23(rd) of January 2024
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6. Date on which issuer notified:
24(th) of January 2024
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7. Threshold(s) that is/are crossed or reached:
10%
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8. Total positions of person(s) subject to the notification obligation:
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% of voting rights
through financial
% of voting rights instruments Total number
attached to shares (total of 9.B.1 Total of both of voting rights
(total of 9.A) + 9.B.2) in % (9.A + 9.B) of issuer(vii)
--------------------- ------------------- ------------------ ----------------- -----------------
Resulting situation
on the date on
which threshold
was crossed or
reached 7.11% 2.80% 9.91% 89,228,161
--------------------- ------------------- ------------------ ----------------- -----------------
Position of previous
notification (if
applicable) 7.44% 3.51% 10.95%
--------------------- ------------------- ------------------ ----------------- -----------------
9. 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
------------------ ------------- ---------------------- ----------------------------------- -----------------------------------------------
IE00BDC5DG00 6,337,891 7.11%
--------------------------------- ---------------------- ----------------------------------- -----------------------------------------------
SUBTOTAL A 6,337,891 7.11%
--------------------------------- ---------------------- ----------------------------------- -----------------------------------------------
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
-----------------------------------------------------------------------------------------------------------------------------------------------
Number of voting
rights that may
Type of financial Expiration Exercise/ be acquired if the
instrument date(x) Conversion Period(xi) instrument is exercised/converted. % of voting rights
------------------- ----------- ----------------------- ----------------------------------- -----------------------------------------------
SUBTOTAL B.1
----------------------- ----------------------------------- -----------------------------------------------
B 2: Financial Instruments with similar economic effect according to Regulation
17(1)(b) of the Regulations
-----------------------------------------------------------------------------------------------------------------------------------------------
Exercise/
Type of financial Expiration Conversion Physical or cash Number of
instrument date(x) Period (xi) settlement(xii) voting rights % of voting rights
------------------ ------------ ----------------------- ----------------------------------- -------------- -------------------------------
CFD Cash 2,500,184 2.80%
--------------------------------- ---------------------- ----------------------------------- -------------- -------------------------------
SUBTOTAL B.2 2,500,184 2.80%
----------------------------------- -------------- -------------------------------
10. Information in relation to the person subject to the notification
obligation (please tick the applicable box):
[ ] 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) :
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% of voting rights
% of voting rights through financial
if it equals or instruments if it Total of both if
is higher than equals or is higher it equals or is higher
the notifiable than the notifiable than the notifiable
Name(xv) threshold threshold threshold
----------------------- ------------------ -------------------- -----------------------
FIL Limited
----------------------- ------------------ -------------------- -----------------------
FIL Financial Services
Holdings Limited
----------------------- ------------------ -------------------- -----------------------
FIL Holdings (UK)
Limited
----------------------- ------------------ -------------------- -----------------------
FIL Investments
International 7.11% 2.80% 9.91%
----------------------- ------------------ -------------------- -----------------------
11. In case of proxy voting: [name of the proxy holder] will cease to
hold [% and number] voting rights as of [date]
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12. Additional information(xvi) :
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Done at Dublin 24(th) of January 2024
Notes
(i) . Persons completing this form should have regard to the
requirements of the Transparency (Directive 2004/109/EC)
Regulations 2007 as amended (the "Regulations"), the Central Bank
of Ireland's Transparency Rules (the "Transparency Rules") and
Commission Delegated Regulation (EU) 2015/761 of 17 December
2014.
(ii) Full name of the legal entity and other identifying
specification of the issuer or underlying issuer, provided it is
reliable and accurate (e.g. address, LEI, domestic number
identity).
(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 Regulation
15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive
2004/109/EC); or (c) the holder of financial instruments referred
to in Regulation 17(1) of the Regulations (Article 13(1) of
Directive 2004/109/EC).
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 points (b) to (h)
of Regulation 15 of the Regulations (Article 10 of Directive
2004/109/EC), the following list is provided as an indication of
the persons who should be mentioned:
- in the circumstances foreseen in letter (b) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), 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 letter (c) of the Regulation
15 of the Regulations (Article 10 of Directive 2004/109/EC), 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 letter (d) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), 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 letter (e) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Regulation 14 of the Regulations (Article 9 of Directive 2004/109/EC), under letters (a) to (d) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC) or under a combination of any of those situations, the controlled undertaking;
- in the circumstances foreseen in letter (f) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), 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 letter (g) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity that controls the voting rights;
- in the circumstances foreseen in letter (h) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), 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 Regulation 15(b) to
(h) of the Regulations (Article 10 (b) to (h) of Directive
2004/109/EC). This should be the full name of the shareholder who
is the counterparty to the natural person or legal entity referred
to in Regulation 15 of the Regulations (Article 10 Directive
2004/109/EC) 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 the
requirements of the Regulations and the Transparency Rules.
(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 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 in accordance with the Regulations and the Transparency
Rules the holder is not obliged to disclose the extent of the
holding only that the holding is "below 3%" or "below 5%" as
appropriate.
(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 (Regulation 17(4) of the Regulations/Article 13(1a) of
Directive 2004/109/EC).
(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 cases in which only on subsidiary level a
threshold is crossed or reached and the subsidiary undertaking
discloses the notification, as only thus will the markets get a
full picture of the group holdings. In the 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 irrespective of whether the controlled
undertakings cross or reach the lowest applicable threshold
themselves.
(xvi) Example: Correction of a previous notification.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
IE00BDC5DG00
Issuer Name
Kenmare Resources Public Limited Company
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or
disposal of financial instruments
3. Details of person subject to the notification obligation
Name
FIL Limited
City of registered office (if applicable)
Hamilton
Country of registered office (if applicable)
Bermuda
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s)
subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
23-Jan-2024
6. Date on which Issuer notified
24-Jan-2024
7. Total positions of person(s) subject to the notification
obligation
Total
number
% of voting of
rights voting
attached to rights
shares (total % of voting rights through financial instruments (total Total of both in held in
. of 8.A) of 8.B 1 + 8.B 2) % (8.A + 8.B) issuer
---------------- --------------------------------------------------------- ------------------ ----------
Resulting situation on the date on which threshold
was crossed or reached 7.110000 2.800000 9.910000 8838075
------------------------------------------------------ ---------------- --------------------------------------------------------- ------------------ ----------
Position of previous notification (if applicable) 7.440000 3.510000 10.950000
------------------------------------------------------ ---------------- --------------------------------------------------------- ------------------ ----------
8. Notified details of the resulting situation on the date on
which the threshold was crossed or reached
8A. Voting rights attached to shares
Number of Number of
Class/Type of direct voting indirect % of direct % of indirect
shares ISIN rights voting rights voting rights voting rights
code(if possible) (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
------------------ ------------- ------------- ------------- -------------
IE00BDC5DG00 0 6337891 0.000000 7.110000
------------------ ------------- ------------- ------------- -------------
Sub Total 8.A 6337891 7.110000%
------------------ ---------------------------- ----------------------------
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of Expiration Exercise/conversion Number of voting rights that may be acquired if the % of
financial date period instrument is exercised/converted voting
instrument rights
---------- ---------- ------------------- --------------------------------------------------- ------
Sub Total
8.B1
---------- ------------------------------- --------------------------------------------------- ------
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Number
Type of Physical or of % of
financial Expiration Exercise/conversion cash voting voting
instrument date period settlement rights rights
----------- ----------- -------------------- ----------- ------- ---------
CFD Cash 2500184 2.800000
---------------------------------------------- --------- ------- ---------
Sub Total 8.B2 2500184 2.800000%
----------------------------------------------------------- ------- ---------
9. Information in relation to the person subject to the
notification obligation
2. 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
entities (please add additional rows as necessary)
Ultimate Name of
controlling controlled % of voting rights if it equals or is higher than % of voting rights through financial instruments if Total of both if it equals or is higher than the notifiable
person undertaking the notifiable threshold it equals or is higher than the notifiable threshold threshold
------------ ----------------- ------------------------------------------------- ----------------------------------------------------- -----------------------------------------------------------
FIL
Limited FIL Limited 7.110000 2.800000 9.910000%
------------ ----------------- ------------------------------------------------- ----------------------------------------------------- -----------------------------------------------------------
FIL Financial
Services
FIL Holdings
Limited Limited 7.110000 2.800000 9.910000%
------------ ----------------- ------------------------------------------------- ----------------------------------------------------- -----------------------------------------------------------
FIL FIL Holdings
Limited (UK) Limited 7.110000 2.800000 9.910000%
------------ ----------------- ------------------------------------------------- ----------------------------------------------------- -----------------------------------------------------------
FIL
FIL Investments
Limited International 7.110000 2.800000 9.910000%
------------ ----------------- ------------------------------------------------- ----------------------------------------------------- -----------------------------------------------------------
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
24-Jan-2024
13. Place Of Completion
Dublin, Ireland
(END) Dow Jones Newswires
January 24, 2024 12:00 ET (17:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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