Key Developments: Kenmare Resources PLC (JEV.L)

JEV.L on London Stock Exchange

19 Dec 2014
Price Change (% chg)

0.03p (+0.92%)
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Latest Key Developments (Source: Significant Developments)

Kenmare Resources PLC increases share holdings to 5.48 pct
Friday, 24 Jan 2014 06:57am EST 

Kenmare Resources PLC:Says JPMorgan Asset Management (UK) Ltd J.P. Morgan Investment Management Inc. holds 152,406,945 shares representing 5.48 pct interest in the capital.Says previously it had 112,289,133 shares.  Full Article

Kenmare Resources PLC Announces Fire incident At Moma Mine
Monday, 21 Oct 2013 10:29am EDT 

Kenmare Resources PLC announced that earlier October 21, 2013, a fire occurred in the trommels section of Wet Concentrator Plant A (WCP A) at the Moma Mine. No injuries were suffered as a result of the incident. The fire was extinguished and damage was contained to the trommels section of the plant. The dredge and spirals section of WCP A were unaffected by the fire. Mining operations at mining pond A have been suspended and insurers have been advised of the incident. An investigation has commenced into the cause and extent of the fire. Kenmare will conduct this investigation in an efficient and timely manner and will provide further updates as information becomes available. Mining pond B continues to operate and produce Heavy Mineral Concentrate (HMC). In addition, a stockpile of approximately 96,000 tonnes of Heavy Mineral Concentrate is available for processing by the Mineral Separation Plant (MSP) into final products.  Full Article

Kenmare Resources PLC Announces Completion Of Placing
Friday, 11 Oct 2013 04:20am EDT 

Kenmare Resources PLC announced the completion of the placing of 250,300,000 new Ordinary Shares in the Company with Warrants as announced, raising gross proceeds of GBP66.33 million (approximately USD105.85 million). All of the 250,300,000 Placing Shares, with an issue price of Stg 25.6p, have been placed with new and existing institutional shareholders and the underwriters are not therefore expected to be called on to subscribe for Placing Shares.  Full Article

Kenmare Resources PLC Announces Placing Of New Ordinary Shares
Thursday, 10 Oct 2013 12:36pm EDT 

Kenmare Resources PLC announced the placing of 250,300,000 new Ordinary Shares in the Company representing approximately 9.89% of the Company's existing issued share capital. The placing price is Stg26.5p ("Placing Price") per new Ordinary Share. The gross proceeds of the Placing will be GBP66.33 million (approximately $105.85 million). Participants in the Placing will also be issued with warrants (Warrants) on the basis of 1 Warrant to subscribe for one ordinary share in the Company for every 5 Placing Shares. A total of 50,060,000 Warrants will be issued. The Warrants, which will not be listed or admitted to trading and which will have limited transferability rights, will have an exercise price of Stg29.09p, an exercise period of five years and will be exercisable from the date falling thirteen months after the date of issue.  Full Article

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