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LONDON - BlackRock (NYSE:BLK), Inc. has disclosed a 2.8% stake in Kenmare Resources plc, according to a regulatory filing published Wednesday.
The investment management firm reported ownership of 2,503,975 ordinary shares in the mining company, as detailed in a Form 8.3 filing with the Irish Takeover Panel.
The disclosure, which is required under Irish takeover rules for persons with interests representing 1% or more in relevant securities, showed BlackRock held no short positions in Kenmare Resources as of June 10, 2025.
The filing also revealed a transfer of 1,990 shares out of BlackRock’s holdings, though no price was specified for this transaction.
Kenmare Resources, which operates mineral sands mining operations, has become subject to takeover panel disclosure requirements, triggering the regulatory filing.
The disclosure is part of the standard regulatory process that provides transparency during potential takeover situations, though the filing does not specify whether an actual takeover offer has been made for Kenmare.
BlackRock’s position was reported in accordance with Rule 8.3 of the Irish Takeover Panel Act, which requires public disclosure of significant shareholdings in companies that may be involved in takeover situations.
The information was provided in a regulatory news service announcement based on a company press release statement.
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