Peel Hunt LLP has filed a formal dealing disclosure under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, confirming it traded Kenmare Resources Plc (KMR) ordinary shares on 11 November 2026 in a client-serving capacity. The disclosure identifies Peel Hunt as a connected exempt principal trader with Recognised Intermediary Status, acting in relation to Kenmare Resources Plc as the relevant offeror or offeree. The filing, published on 12 November 2026, forms part of the mandatory transparency regime that governs dealings during Irish takeover situations, making it a regulatory marker investors in Kenmare Resources should note.

Key Points

  • Kenmare Resources Plc (KMR) ordinary shares were the subject of this dealing disclosure filed by Peel Hunt LLP
  • Peel Hunt purchased 5,750 ordinary shares and sold 3,750 ordinary shares in Kenmare Resources Plc on 11 November 2026
  • Purchase prices ranged from 238.48 GBx to 240.50 GBx per share; sales were executed at 240.38 GBx per share
  • Investors should monitor further Rule 38 disclosures relating to Kenmare Resources Plc for additional dealing activity

Peel Hunt's Purchases and Sales of Kenmare Resources Ordinary Shares on 11 November 2026

According to the disclosure, Peel Hunt LLP purchased 5,750 Kenmare Resources ordinary shares at prices ranging between 238.48 GBx and 240.50 GBx per unit, and separately sold 3,750 ordinary shares at a price of 240.38 GBx per unit. The transactions were carried out on 11 November 2026 in a client-serving capacity, meaning Peel Hunt was acting on behalf of clients rather than for its own proprietary book. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in the filing. All prices in the disclosure are denominated in GBx, confirming sterling as the trading currency for these particular transactions.

Peel Hunt's Connected Exempt Principal Trader Status and Its Significance for Kenmare Resources

The filing classifies Peel Hunt LLP as a connected exempt principal trader with Recognised Intermediary Status in relation to Kenmare Resources Plc. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, such entities are required to disclose dealings in relevant securities of the offeror or offeree within prescribed timeframes. The connection stated in the form is to Kenmare Resources Plc itself. No indemnity arrangements, option agreements, or understandings relating to voting rights or future acquisitions were declared in the disclosure. The form confirms there are no additional parties to the offer in respect of which Peel Hunt is simultaneously making disclosures.

Kenmare Resources Plc's Position as the Subject of Irish Takeover Panel Disclosure Rules

Kenmare Resources Plc, to which this mandatory filing relates, is the subject of Irish Takeover Panel oversight, triggering the Rule 38 disclosure obligations reflected in this announcement. The requirement for connected principal traders to file Form 38.5(a) disclosures is designed to provide transparency around dealings in relevant securities during offer periods or related situations. The disclosure was submitted by contact Lesah Munyakazi at Peel Hunt LLP, reachable at the firm's London office. No further financial metrics, corporate guidance, or strategic commentary concerning Kenmare Resources were included within the scope of this regulatory filing.