Brief: Kenmare Resources Rejects Proposal From Oryx Global Partners, Michael Carvill
06/03/2025 07:17
March 6 (Reuters) - Kenmare Resources PLC KMR.I: KENMARE RESOURCES PLC: CONFIRMS THAT IT HAS RECEIVED A NON-BINDING PROPOSAL FROM ORYX GLOBAL PARTNERS LIMITED AND MICHAEL CARVILL KENMARE RESOURCES PLC: MOST RECENT PROPOSAL RECEIVED WAS AT A PRICE OF 530 PENCE PER KENMARE ORDINARY SHARE KENMARE RESOURCES PLC: BOARD UNANIMOUSLY REJECTED IT ON BASIS THAT IT "UNDERVALUED" CO'S BUSINESS Source text: ID:nGNE3wHpS Further company coverage: KMR.I ((Reuters.Briefs@thomsonreuters.com;))