Director/PDMR Shareholding

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1Details of the person discharging managerial responsibilities/person closely associated
2Reason for the notification
b)Initial Notification AmendmentINITIAL NOTIFICATION
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial  instrument, type  of
Ordinary Shares of €0.001 each
Identification codeIE00BDC5DG00
b)Nature of the transaction  Acquisition of shares from Acquamela S.A.
c)Price(s) and volume(s)Price(s)Volume(s)
Not applicable - no cash consideration paid31,217
d) Aggregated information
- Aggregated volume
- Price
31,217 Ordinary Shares of €0.001 each; price not applicable
e)Date of the transaction2016-10-04
f)Place of the transactionOUTSIDE A TRADING VENUE
g)Additional Information No pricing information as acquisition of Ordinary Shares from Acquamela S.A. as made for no cash consideration but as part of the distribution of the assets of Acquamela S.A. to Sofia Bianchi in connection with the proposed winding-up of Acquamela S.A.


Sofia Bianchi is the sole beneficial shareholder of Acqumela S.A., the acquisition of which was subject to an earlier Article 19 notification.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Kenmare Resources via GlobeNewswire