Issue of Equity

Kore Potash

03/04/2023 07:00

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RNS Number : 0047V  Kore Potash PLC  03 April 2023

3 April 2023

Kore Potash Plc

("Kore Potash" or the "Company")

Issue of Equity

Kore Potash plc advises that a total of 1,760,000 new ordinary shares of
US$0.001 each in the Company ("Ordinary Shares") have today been
issued following the vesting of Performance Rights awarded under the
Company's Short Term Incentive Plan.

Application has been made for the admission of 1,760,000 New Ordinary Shares
on AIM, the Johannesburg Stock Exchange and the Australian Securities Exchange
with admission expected to take place on 6 April 2023.

Following the issue of Performance Shares, the Company's total issued share
capital will consist of 3,421,937,120 Ordinary Shares.  No shares are held in
treasury. Accordingly, the total number of voting rights in the Company will
be 3,421,937,120.

The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the share capital
of the Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

For ASX's purposes, these securities are issued under exception 9 of ASX
Listing Rule 7.2.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the
European Union (Withdrawal) Act 2018.  Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.

This announcement has been approved for release by the Board.

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

 Kore Potash                                             Tel: +27 84 603 6238

 Brad Sampson - CEO
 Tavistock Communications                                Tel: +44 (0) 20 7920 3150

 Emily Moss

 Adam Baynes
 SP Angel Corporate Finance - Nomad and Joint Broker     Tel: +44 (0) 20 7470 0470

 Ewan Leggat

 Charlie Bouverat
 Shore Capital - Joint Broker                            Tel: +44 (0) 20 7408 4050

 Toby Gibbs

 James Thomas
 Questco Corporate Advisory - JSE Sponsor                Tel: +27 (11) 011 9205

 Doné Hattingh

 

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