Holding(s) in Company
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 | |||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Kenmare Resources plc | |||||
| 2. Reason for the notification (please tick the appropriate box or boxes): [X] 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: | |||||
| 3. Details of person subject to the notification obligationiv : | |||||
| 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: | |||||
| 5. Date on which the threshold was crossed or reachedvi: 21 February 2023 | |||||
| 6. Date on which issuer notified: 23 February 2023 | |||||
| 7. Threshold(s) that is/are crossed or reached: Below 15% | |||||
| 8. Total positions of person(s) subject to the notification obligation: | |||||
| % of voting rights attached to shares (total of 9.A) | % of voting rights through financial instruments (total of 9.B.1 + 9.B.2) | Total of both in % (9.A + 9.B) | Total number of voting rights of issuervii | ||
| Resulting situation on the date on which threshold was crossed or reached | 14.81% | 0.00% | 14.81% | 94,829,551 | |
| Position of previous notification (if applicable) | 15.99% | 0.00% | 15.99% | ||
9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii: | ||||||||||
| A: Voting rights attached to shares | ||||||||||
| Class/type of shares ISIN code (if possible) | Number of voting rightsix | % of voting rights | ||||||||
Direct | Indirect | Direct | Indirect | |||||||
| ORD EUR0.001 IE00BDC5DG00 | 14,042,709 | 14.81% | ||||||||
| SUBTOTAL A | 14,042,709 | 14.81% | ||||||||
| B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations | ||||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the 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 | ||||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | |||||
| SUBTOTAL B.2 | ||||||||||
| 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 [X] 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 entityxiv: | |||
| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| M&G Plc (Parent Company) | 14.81% | 14.81% | |
| M&G Group Regulated Entity Holding Company Limited (wholly owned subsidiary of M&G Plc) | 14.81% | 14.81% | |
| M&G Group Limited (wholly owned subsidiary of M&G Group Regulated Entity Holding Company Limited) | 14.81% | 14.81% | |
| M&G FA Limited (wholly owned subsidiary of M&G Group Limited) | 14.81% | 14.81% | |
| M&G Investment Management Limited (wholly owned subsidiary of M&G FA Limited) | 14.81% | 14.81% | |
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date] | |||
| 12. Additional informationxvi: | |||
Done at London on 23 February 2023
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
IE00BDC5DG00
Issuer Name
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
M&G Plc
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
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
21-Feb-2023
6. Date on which Issuer notified
23-Feb-2023
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 14.808360 | 0.000000 | 14.808360 | 14042709 |
| Position of previous notification (if applicable) | 15.99% | 0.00% | 15.99% |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| IE00BDC5DG00 | 14042709 | 14.808360 | ||
| Sub Total 8.A | 14042709 | 14.808360% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Sub Total 8.B2 | |||||
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 controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| M&G Plc | M&G Plc (Parent company) | 14.808360 | 14.808360% | |
| M&G Plc | M&G Group Regulated Entity Holding Company Limited (wholly owned subsidiary of M&G Plc) | 14.808360 | 14.808360% | |
| M&G Plc | M&G Group Limited (wholly owned subsidiary of M&G Group Regulated Entity Holding Company Limited) | 14.808360 | 14.808360% | |
| M&G Plc | M&G FA Limited (wholly owned subsidiary of M&G Group Limited) | 14.808360 | 14.808360% | |
| M&G Plc | M&G Investment Management Limited (wholly owned subsidiary of M&G FA Limited) | 14.808360 | 14.808360% |
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
23-Feb-2023
13. Place Of Completion
London, United Kingdom