J & E Davy Unlimited Company, acting as a connected exempt principal trader with recognised intermediary status, has filed a dealing disclosure under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, in relation to Kenmare Resources plc. The disclosure, dated 4 November 2026 and covering a transaction undertaken on 3 November 2026, reveals a sale of ordinary shares in Kenmare Resources, the mineral sands mining company listed on the London and Irish stock exchanges. The filing was made to a Regulatory Information Service in compliance with mandatory Irish takeover transparency requirements. Investors tracking activity in Kenmare Resources during an offer period may note this regulated disclosure from a connected party.

Key Points

  • Kenmare Resources CDI (-KMR) — connected party dealing disclosure filed by J & E Davy Unlimited Company
  • J & E Davy sold 4,686 ordinary shares (EUR 0.001 class) in Kenmare Resources plc on 3 November 2026
  • Highest price received was 2.8499 EUR per unit; lowest price received was 237 GBX per unit
  • Investors should watch for further Rule 38 disclosures relating to Kenmare Resources during the ongoing offer period

J & E Davy Sells 4,686 Kenmare Resources Ordinary Shares on 3 November 2026

The disclosure confirms that J & E Davy Unlimited Company, acting in a client-serving capacity, sold a total of 4,686 ordinary shares of EUR 0.001 denomination in Kenmare Resources plc. The highest price received per unit was 2.8499 EUR, while the lowest price received was 237 GBX, reflecting dealing across different trading venues or in different currencies on the same date. No purchases of ordinary shares were recorded in this filing. The company did not disclose the aggregate transaction value in the announcement. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in connection with this disclosure.

Kenmare Resources Offer Period Triggers Mandatory Irish Takeover Panel Reporting

The filing arises because Kenmare Resources plc is subject to an offer period, which activates mandatory dealing disclosure obligations under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. Kenmare Resources is an Irish-incorporated mining company focused on mineral sands extraction, primarily operating the Moma Titanium Minerals Mine in Mozambique, which produces ilmenite, rutile, and zircon. As a connected exempt principal trader, J & E Davy is required to disclose all dealings in relevant securities of the offeror or offeree. The announcement states J & E Davy is connected to Kenmare Resources plc, which is named as the relevant party to the offer in this filing.

No Derivative Positions or Indemnity Arrangements Reported by J & E Davy

The Form 38.5(a) filing confirms that J & E Davy held no cash-settled derivatives, stock-settled derivatives, or option positions relating to Kenmare Resources securities at the time of this disclosure. The announcement also states there were no indemnity arrangements, option arrangements, or any agreements or understandings that might constitute an inducement to deal or refrain from dealing. Additionally, no agreements relating to voting rights or future acquisition or disposal of relevant securities were reported. The contact named in the disclosure is Megan Larkin, reachable via the telephone number provided in the regulatory filing dated 4 November 2026.