Kenmare Resources : Director/PDMR Shareholding

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
MICHAEL CARVILL

2 Reason for the notification

a) Position/status
MANAGING 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 Identification code
PERFORMANCE SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH; and

DEFERRED SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

b) Nature of the transaction
GRANT OF ANNUAL AWARDS IN THE FORM OF PERFORMANCE SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO THE OUTCOME OF FURTHER TSR-BASED PERFORMANCE CONDITIONS) AND DEFERRED SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO CONTINUED EMPLOYMENT) UNDER THE KENMARE INCENTIVE PLAN FOR 2014 AND 2015. THE COMPANY HAS NOT BEEN ABLE TO FORMALISE THESE AWARDS WHILE DEALING RESTRICTIONS APPLIED.

c) Price(s) and volume(s)

Price(s)	Volume(s)
NIL	5,317,715 PERFORMANCE SHARE AWARDS
NIL	4,129,956 DEFERRED SHARE AWARDS

d) Aggregated information
- Aggregated volume
- Price

Nil - 9,447,671 SHARE AWARD IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

e) Date of the transaction
2016-07-06

f) Place of the transaction
OUTSIDE A TRADING VENUE

g) Additional Information
FORMALISATION OF ACCRUED RIGHTS TO THE GRANT OF DEFERRED SHARE AWARDS AND PERFORMANCE SHARE AWARDS UNDER THE INCENTIVE PLAN, FOLLOWING CRYSTALLISATION, IN ACCORDANCE WITH THE TERMS OF THE INCENTIVE PLAN, OF ANNUAL AWARDS MADE UNDER THE TERMS OF THE INCENTIVE PLAN IN 2014 AND 2015, WHICH RIGHTS THE COMPANY HAS NOT BEEN ABLE TO FORMALISE WHILE DEALING RESTRICTIONS APPLIED.

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
TONY MCCLUSKEY

2 Reason for the notification

a) Position/status
FINANCIAL 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 Identification code
PERFORMANCE SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH; and

DEFERRED SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

b) Nature of the transaction
GRANT OF ANNUAL AWARDS IN THE FORM OF PERFORMANCE SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO THE OUTCOME OF FURTHER TSR-BASED PERFORMANCE CONDITIONS) AND DEFERRED SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO CONTINUED EMPLOYMENT) UNDER THE KENMARE INCENTIVE PLAN FOR 2014 AND 2015. THE COMPANY HAS NOT BEEN ABLE TO FORMALISE THESE AWARDS WHILE DEALING RESTRICTIONS APPLIED.

c) Price(s) and volume(s)

Price(s)	Volume(s)
NIL	4,229,620 PERFORMANCE SHARE AWARDS
NIL	3,303,876 DEFERRED SHARE AWARDS

d) Aggregated information
- Aggregated volume
- Price

Nil - 7,533,496 SHARE AWARD IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

e) Date of the transaction
2016-07-06

f) Place of the transaction
OUTSIDE A TRADING VENUE

g) Additional Information
FORMALISATION OF ACCRUED RIGHTS TO THE GRANT OF DEFERRED SHARE AWARDS AND PERFORMANCE SHARE AWARDS UNDER THE INCENTIVE PLAN, FOLLOWING CRYSTALLISATION, IN ACCORDANCE WITH THE TERMS OF THE INCENTIVE PLAN, OF ANNUAL AWARDS MADE UNDER THE TERMS OF THE INCENTIVE PLAN IN 2014 AND 2015, WHICH RIGHTS THE COMPANY HAS NOT BEEN ABLE TO FORMALISE WHILE DEALING RESTRICTIONS APPLIED.

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
BEN BAXTER

2 Reason for the notification

a) Position/status
CHIEF OPERATIONS OFFICER

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 Identification code

PERFORMANCE SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH; and

DEFERRED SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

b)Nature of the transaction
GRANT OF ANNUAL AWARDS IN THE FORM OF PERFORMANCE SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO THE OUTCOME OF FURTHER TSR-BASED PERFORMANCE CONDITIONS) AND DEFERRED SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO CONTINUED EMPLOYMENT) UNDER THE KENMARE INCENTIVE PLAN FOR 2015. THE COMPANY HAS NOT BEEN ABLE TO FORMALISE THESE AWARDS WHILE DEALING RESTRICTIONS APPLIED.

c) Price(s) and volume(s)

Price(s)	Volume(s)
NIL	2,931,270 PERFORMANCE SHARE AWARDS
NIL	2,652,101 DEFERRED SHARE AWARDS

d) Aggregated information
- Aggregated volume
- Price

Nil - 5,583,371 SHARE AWARD IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

e) Date of the transaction
2016-07-06

f) Place of the transaction
OUTSIDE A TRADING VENUE

g) Additional Information
FORMALISATION OF ACCRUED RIGHTS TO THE GRANT OF DEFERRED SHARE AWARDS AND PERFORMANCE SHARE AWARDS UNDER THE INCENTIVE PLAN, FOLLOWING CRYSTALLISATION, IN ACCORDANCE WITH THE TERMS OF THE INCENTIVE PLAN, OF ANNUAL AWARDS MADE UNDER THE TERMS OF THE INCENTIVE PLAN IN 2015, WHICH RIGHTS THE COMPANY HAS NOT BEEN ABLE TO FORMALISE WHILE DEALING RESTRICTIONS APPLIED.

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
TERRY FITZPATRICK

2 Reason for the notification

a) Position/status
TECHNICAL 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 Identification code

PERFORMANCE SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH; and

DEFERRED SHARE AWARDS IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

b) Nature of the transaction
GRANT OF ANNUAL AWARDS IN THE FORM OF PERFORMANCE SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO THE OUTCOME OF FURTHER TSR-BASED PERFORMANCE CONDITIONS) AND DEFERRED SHARE AWARDS (THE VESTING OF WHICH IS SUBJECT TO CONTINUED EMPLOYMENT) UNDER THE KENMARE INCENTIVE PLAN FOR 2014 AND 2015. THE COMPANY HAS NOT BEEN ABLE TO FORMALISE THESE AWARDS WHILE DEALING RESTRICTIONS APPLIED.

c) Price(s) and volume(s)

Price(s)	Volume(s)
NIL	1,703,394 PERFORMANCE SHARE AWARDS
NIL	1,333,447 DEFERRED SHARE AWARDS

d) Aggregated information
- Aggregated volume
- Price

Nil - 3,036,841 SHARE AWARD IN THE FORM OF OPTIONS OVER ORDINARY SHARES OF €0.06 EACH

e) Date of the transaction
2016-07-06

f) Place of the transaction
OUTSIDE A TRADING VENUE

g) Additional Information
FORMALISATION OF ACCRUED RIGHTS TO THE GRANT OF DEFERRED SHARE AWARDS AND PERFORMANCE SHARE AWARDS UNDER THE INCENTIVE PLAN, FOLLOWING CRYSTALLISATION, IN ACCORDANCE WITH THE TERMS OF THE INCENTIVE PLAN, OF ANNUAL AWARDS MADE UNDER THE TERMS OF THE INCENTIVE PLAN IN 2014 AND 2015, WHICH RIGHTS THE COMPANY HAS NOT BEEN ABLE TO FORMALISE WHILE DEALING RESTRICTIONS APPLIED.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kenmare Resources via Globenewswire

HUG#2027524