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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kenmare Resources Plc | LSE:KMR | London | Ordinary Share | IE00BDC5DG00 | ORD EUR0.001 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.50 | -0.45% | 330.00 | 331.00 | 332.00 | 335.00 | 331.50 | 335.00 | 54,624 | 16:35:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIRSH Kenmare Resources plc ("Kenmare" or "the Company") 28 February 2019 Court of Appeal rules in Kenmare's favour on damages in Libel Case Kenmare Resources plc (LSE:KMR, ISE:KMR), one of the leading global producers of titanium minerals and zircon, is pleased to announce that the Court of Appeal has today ruled that the High Court jury award of damages, made in favour of its former director Mr Donal Kinsella in November 2010, be substantially reduced from EUR10,000,000 to EUR250,000. The High Court in 2010 granted a stay on the award, subject to the payment of EUR500,000 and an agreed contribution towards costs, pending final determination of the appeal. Kenmare would like to thank the Court of Appeal for the time it has taken in hearing and considering this long-running case. The case has been put back for three weeks to allow the parties to consider the judgment. Applications in respect of costs and any other orders required will be made at that time. Kenmare will consider the implications of the Court's decision with its legal team in the coming days. 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: +44 207 466 500
(END) Dow Jones Newswires
February 28, 2019 07:50 ET (12:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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