J&E Davy discloses trading activity in Kenmare Resources shares

Published 06/19/2025, 04:46 AM
J&E Davy discloses trading activity in Kenmare Resources shares

DUBLIN - J&E Davy Unlimited Company has disclosed its trading activity in Kenmare Resources PLC (LSE:KMR) securities conducted on June 18, 2025, according to a regulatory filing released Thursday.

The disclosure, made under Rule 38.5(a) of the Irish Takeover Panel Act, revealed that Davy, acting as a connected exempt principal trader with recognized intermediary status, purchased 1,179 Kenmare ordinary shares in CDI form at 401 GBX per share.

The filing also showed that Davy sold 2,255 Kenmare ordinary shares in CDI form at prices ranging from 395.7 GBX to 401 GBX, and sold one ordinary share at 4.68 EUR.

The disclosure is required under Irish takeover regulations for principal traders connected to a party involved in a potential offer. Davy is connected to Kenmare Resources PLC in relation to the transaction.

No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were reported in the filing.

The information was submitted to the Regulatory Information Service as required under Rule 38 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

The disclosure provides transparency regarding market activities related to Kenmare Resources securities during the relevant period based on the company’s press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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