REG - Kore Potash PLC - Notice of 2025 Annual General Meeting

Kore PotashAnnouncement

Mon 07:00

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RNS Number : 1476I  Kore Potash PLC  12 May 2025

12 May 2025

Kore Potash plc

("Kore Potash" or "the Company")

 Notice of 2025 Annual General Meeting

Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2), the potash development company with
97%-ownership of the Kola Potash Project ("Kola" or the "Kola Project") and
Dougou Extension ("DX") Potash Project in the Sintoukola Basin, located in the
Republic of Congo ("RoC"), is pleased to advise that the Company will be
holding its 2025 Annual General Meeting ("AGM" or the "Meeting") at 09.30 (UK
time) on 11 June 2025 at 107 Cheapside, Second Floor, London EC2V 6DN.

Shareholders are reminded that as outlined in the announcements dated 21 March
2025 and 2 April 2025, David Hathorn's proposed US$0.5 million (£0.38
million) subscription to the recent fundraise via two separate trusts, the
Belle Terre Trust and Stapleford Trust is tabled for approval by shareholders
at the Meeting.

 

Subject to receipt of shareholder approval, 11,322,464 new ordinary Shares of
US$0.001 in the Company will be issued to the Belle Terre Trust and 11,322,464
new ordinary Shares of US$0.001 in the Company will be issued to the
Stapleford Trust, resulting in 22,644,928 new ordinary shares being issued in
aggregate.

 

We look forward to being able to welcome Shareholders in person to this year's
Meeting. However, whilst Shareholders will be permitted to attend in person,
in order to reduce travel costs, it is likely that a limited number of
Directors, if any, will be present at the venue, although most will dial-in to
the Meeting via an electronic audio webcast. The Company will therefore also
offer Shareholders the option to participate in the Meeting remotely via the
electronic audio webcast.

 

Whilst Shareholders attending in person will be able to vote at the Meeting,
those attending via the webcast will not be able to do so. Therefore, as in
previous years the Board has decided that voting on the resolutions to be
proposed at the Meeting will be decided by way of a poll as this means that
every Shareholder present in person or by proxy will have one vote for every
Share held. Accordingly, we would strongly encourage all Shareholders to vote
electronically again this year and to appoint the Chairman of the Meeting as
their proxy rather than a named person. All valid proxy votes, whether
submitted electronically or in hard copy form, will be included in the polls
to be taken at the Meeting and should be submitted by no later than 09.30 (UK
time) on 9 June 2025.

The Board understands that beyond voting on the formal business, the Meeting
also serves as a forum for Shareholders to raise questions with the Board and
we wish to continue to afford Shareholders that opportunity again this year.
Therefore, we request that you submit any questions that you may have by
e-mail to info@korepotash.com (mailto:info@korepotash.com) by no later than
09.30 (UK time) on 10 June 2025 and we will endeavour to provide answers on
our website.

Additionally, shareholders will be able to listen to the formal business of
the AGM via webcast. An announcement providing dial-details for the webcast
will be issued in due course and will be available on our
website www.korepotash.com (http://www.korepotash.com/)

A circular to shareholders, incorporating the notice of the Company's AGM for
2025, together with forms of proxy and forms of instruction and the 2024
Annual Report (together the "Meeting Materials"), has been sent today to
registered shareholders.

To be entitled to attend and vote at the Meeting (and for the purpose of the
determination by the Company of the votes they may cast), members must be
registered in the register of members of the Company at 17:30 (UK time) /
18:30 (SA time) on 9 June 2025 (or in the event of any adjournment, at close
of business 17:30 (UK time) / 18:30 (SA time) on the date which is two working
days before the time of the adjourned meeting).

In compliance with JSE requirements, for shareholders on the South African
Branch Register, the last day to trade in the Company's shares in order to be
recorded as a shareholder by the voting record date is 4 June 2025.

Copies of the Meeting Materials are available on the Company's website
at www.korepotash.com (http://www.korepotash.com/) .

Unless otherwise indicated, all defined terms in this announcement shall have
the same meaning as described in the Meeting Materials.

ENDS

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

 

 Kore Potash                                          Tel: +44 (0) 20 3963 1776

 André Baya, CEO

 Andrey Maruta, CFO

 Tavistock Communications                             Tel: +44 (0) 20 7920 3150

 Nick Elwes

 Josephine Clerkin

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

 Ewan Leggat

 Charlie Bouverat

 Shore Capital - Joint Broker Toby Gibbs              Tel: +44 (0) 20 7408 4050

 James Thomas

 Questco Corporate Advisory - JSE Sponsor             Tel: +27 (63) 482 3802

 Doné Hattingh

 

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