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LONDON - Investment firm Perpetual Limited has disclosed an 8.99% stake in Irish mining company Kenmare Resources plc, according to a regulatory filing submitted Tuesday.
The disclosure, made under Irish Takeover Panel rules, reveals that Perpetual and its related entities control 8,022,032 shares in Kenmare Resources, representing 8.99% of the company’s EUR 0.001 class relevant securities.
The filing also details a recent purchase of 92,264 Kenmare shares at a price of £3.08 per unit on June 23, 2025.
The disclosure was required under Rule 8.3 of the Irish Takeover Panel Act, which mandates that persons with interests in relevant securities representing 1% or more must disclose their positions.
Kenmare Resources, listed on the London Stock Exchange (LON:LSEG), operates the Moma Titanium Minerals Mine in Mozambique, which produces ilmenite, rutile, and zircon.
The filing indicates no indemnity arrangements, options, or other agreements relating to the securities were in place between Perpetual and any other parties.
This disclosure comes amid potential takeover activity involving Kenmare Resources, as suggested by the nature of the regulatory filing, though no specific offer details were mentioned in the statement.
The information was provided through a Form 8.3 filing to the Regulatory Information Service as required by Irish takeover regulations.
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