Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Kenmare Res. LSE:KMR London Ordinary Share IE00BDC5DG00 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +1.01% 200.50p 197.00p 204.00p 200.00p 200.00p 200.00p 13,125 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 205.6 44.0 36.1 5.7 219.75

Kenmare Resources Confirmation Of Capital Reduction

05/02/2019 4:15pm

UK Regulatory (RNS & others)


 
TIDMIRSH 
 
 
   Kenmare Resources plc ("Kenmare" or "the Company") 
 
   5 February 2019 
 
   Confirmation of Capital Reduction 
 
   Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global 
producers of titanium minerals and zircon, announces that, further to 
its regulatory news releases on 6 November 2018 and 5 December 2018, the 
High Court of Ireland has made an order confirming a capital reduction 
of the Company's share premium account (the "Capital Reduction"). 
 
   The Capital Reduction, as described in the circular that was sent to 
shareholders on 6 November 2018 and which is available at the Company's 
website (www.kenmareresources.com), was approved by shareholders at the 
extraordinary general meeting held on 5 December 2018. The order of the 
High Court has been registered with the Registrar of Companies in 
Ireland and, accordingly, the Capital Reduction has now become 
effective. 
 
   The purpose of the Capital Reduction is to eliminate the deficit on the 
Company's profit and loss account as at 30 June 2018 by the partial 
cancellation of the share premium account. 
 
   Capitalised terms used herein but not defined have the same meanings as 
set out in the Circular. 
 
   For further information, please contact: 
 
   Kenmare Resources plc 
 
   Michael Carvill, Managing Director 
 
   Tel: +353 1 671 0411 
 
 
   Tony McCluskey, Financial Director 
 
   Tel: +353 1 671 0411 
 
 
   Jeremy Dibb, Corporate Development and Investor Relations Manager 
 
   Tel: +353 1 671 0411 
 
   Mob: + 353 87 943 0367 
 
   Murray 
 
 
   Joe Heron 
 
 
   Tel: +353 1 498 0300 
 
 
   Mob: +353 87 690 9735 
 
 
   Buchanan 
 
   Bobby Morse / Chris Judd 
 
   Tel: +44 207 466 5000 
 
 
 
 
 
 

(END) Dow Jones Newswires

February 05, 2019 11:15 ET (16:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Kenmare Chart

1 Year Kenmare Chart

1 Month Kenmare Chart

1 Month Kenmare Chart
Your Recent History
LSE
KMR
Kenmare
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190419 08:32:39