REG - Kazera Global PLC - Director Resignation and Update on Loan Facility

Kazera GlobalAnnouncement

Yesterday 16:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260430:nRSd6618Ca&default-theme=true

RNS Number : 6618C  Kazera Global PLC  30 April 2026

30 April 2026

Kazera Global plc

("Kazera" or the "Company")

 

Director Resignation and Update on Loan Facility

 

Kazera Global plc (AIM: KZG), the AIM-quoted investment company, announces
that John Wardle has resigned from the Board of the Company as a Non-Executive
Director with immediate effect. The Board has accepted his resignation.

 

The Company also confirms that it remains in discussions with Tracarta Limited
in relation to its existing loan facility.

 

In connection with these discussions, the Company notes that Richard Jennings,
Executive Director and Interim Chief Executive Officer, and Geoff Eyre,
Non-Executive Chairman, have indicated that they would be willing, subject to
agreement of terms and conditions, including the extension of the facility to
1 December 2026, to support the Company in meeting its obligations under the
Tracarta loan facility, as detailed in the Company's announcement of 9 August
2024 and subsequently varied on 28 October 2025, which may include, among
other options, underwriting repayment.

 

The Board remains confident in the Company's ability to manage its near-term
financial obligations and will continue to progress discussions with relevant
stakeholders.

 

Further updates will be provided as appropriate.

 

For further information, visit www.kazeraglobal.com
(http://www.kazeraglobal.com/) or contact:

 

 Kazera Global plc                                                kazera@stbridespartners.co.uk

 Geoff Eyre, Non-Executive Chairman
 Strand Hanson Limited (Nominated, Financial Adviser and Broker)  Tel: +44 (0)207 409 3494

 Christopher Raggett / Ritchie Balmer
 Zeus Capital Limited (Joint Broker)                              Tel: +44 (0)203 829 5000

 Harry Ansell / Simon Johnson / Katy Mitchell
 St Brides Partners Limited (Financial PR)                        kazera@stbridespartners.co.uk

 Isabel de Salis / Charlotte Page

 

Notes

Kazera Global plc (LON:KZG) is a diversified commodity investment company
focused on unlocking value through production growth and disciplined portfolio
management. While production builds at its Whale Head Minerals (Heavy Mineral
Sands) and Deep Blue Minerals (diamond) assets in South Africa's Northern Cape
province, the Company also continues to assess new opportunities to expand its
growth pipeline and deliver sustainable returns.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEBLFXQZLLBBF



            Copyright 2019 Regulatory News Service, all rights reserved