OK Rusal MKPAO0486
Mentioned
Impact on assets 2
Critical Materials & Supply Chain
OK Rusal MKPAO
Kenmare Resources PLCKMR
Mentioned
OK Rusal MKPAOKenmare Resources PLCThe Board of Kenmare Resources plc has confirmed it received a non-binding proposal from International Resources Holdings RSC Ltd, or IRH, regarding a possible cash offer for the entire issued and to be issued share capital of Kenmare. Discussions with IRH are ongoing, and the company said there can be no certainty that a firm offer will be made or as to the terms of any such offer. Under Rule 2.6(a) of the Irish Takeover Rules, IRH must by no later than 5.00 pm GMT on 17 November 2026 either announce a firm intention to make an offer for Kenmare or announce that it does not intend to make an offer. Kenmare said the announcement was made without the approval of IRH. The company also confirmed its issued share capital comprises 89,228,161 ordinary shares of nominal value €0.001 each, with 2,363,871 options over ordinary shares outstanding under its restricted share plan.
OK Rusal MKPAOKenmare Resources PLC