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LONDON - Investment firm Perpetual Limited has disclosed an 8.81% stake in Kenmare Resources plc, according to a regulatory filing published Friday.
The disclosure, made under Irish Takeover Panel rules, reveals that Perpetual and its related bodies corporate own 7,859,768 shares in the mining company, representing 8.81% of its issued share capital.
The filing also details recent transactions by Perpetual, including the purchase of 342,682 Kenmare shares across three separate trades on June 19. These acquisitions were made at prices ranging from £3.04 to £3.18 per share.
Perpetual’s disclosure comes as part of regulatory requirements for entities holding interests of 1% or more in companies potentially involved in takeover situations. The filing indicates that Perpetual is not making disclosures regarding any other party to a potential offer.
Kenmare Resources, listed on the London Stock Exchange (LON:LSEG), is a mining company that primarily produces titanium minerals and zircon from its Moma Mine in Mozambique.
The disclosure was made through a Form 8.3 filing to the Irish Takeover Panel, which requires public disclosure of significant shareholdings in companies that may be subject to takeover activity.
This article is based on information contained in a regulatory press release statement.
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