Kenmare Resources plc, the mineral sands mining company listed on both Euronext Dublin and the London Stock Exchange, has published a Rule 2.12 announcement dated 12 November 2026 in compliance with the Irish Takeover Panel Act 1997 Takeover Rules 2022. The disclosure confirms the company's current issued share capital and outstanding share options, information that is material to any party tracking ownership thresholds during an offer period. Investors and market participants holding 1% or more of Kenmare's relevant securities are subject to mandatory dealing disclosure obligations under the Irish Takeover Rules.

Key Points

  • Kenmare Resources Cdi (KMR) — mineral sands producer listed on Euronext Dublin and the FCA Official List
  • The company has confirmed its issued share capital under Rule 2.12 of the Irish Takeover Rules 2022
  • Issued ordinary shares total 89,228,161 at a nominal value of €0.001 each; options over 2,352,587 shares are outstanding under the restricted share plan
  • Investors should monitor whether further regulatory announcements follow, given the offer-period context implied by a Rule 2.12 disclosure

Kenmare Confirms 89,228,161 Ordinary Shares in Issue With No Treasury Shares Held

As at 12 November 2026, Kenmare Resources plc's issued share capital comprises 89,228,161 ordinary shares, each carrying a nominal value of €0.001. The company confirmed it holds none of these as treasury shares, meaning the full figure represents the freely counted issued capital for the purposes of calculating ownership and voting thresholds. The ordinary shares carry the International Securities Identification Number IE00BDC5DG00 and are admitted to trading on the Official List of Euronext Dublin as well as the Equity Shares segment of the FCA's Official List in the United Kingdom.

Restricted Share Plan Options Over 2,352,587 Shares Remain Outstanding at Kenmare

Beyond the ordinary share count, Kenmare's announcement states that options over 2,352,587 ordinary shares remain outstanding under the company's restricted share plan, including accrued dividend equivalents. These instruments are relevant to the calculation of fully diluted share capital and may be significant for parties assessing potential economic exposure to Kenmare's securities. Kenmare operates the Moma Titanium Minerals Mine in Mozambique, one of the largest mineral sands operations globally, producing ilmenite, rutile, and zircon for industrial end-markets including pigment manufacturing and aerospace.

Irish Takeover Rules Trigger Mandatory Dealing Disclosures for Holders Above 1% Threshold

The Rule 2.12 announcement activates formal disclosure obligations under Rule 8.3(b) of the Irish Takeover Rules for any person directly or indirectly interested in 1% or more of Kenmare's relevant securities during an offer period. Such holders must report all dealings by no later than 3.30 pm Irish and UK time on the business day following each transaction. The Directors of Kenmare Resources have accepted responsibility for the information contained in the announcement, affirming that it is accurate and complete to the best of their knowledge and belief.