Brief: Kropz Plc Receives Approval From SARB For Equity Facility

Kropz

06/06/2022 07:37

June 6 (Reuters) - Kropz PLC  KRPZ.L :
    * KROPZ PLC  - UPDATE ON NEW CONVERTIBLE FACILITY AGREEMENT
    * KROPZ PLC - RECEIVED APPROVAL FROM SOUTH AFRICAN RESERVE
BANK
("SARB") FOR ZAR 177 MILLION EQUITY FACILITY ON 2 JUNE 2022
    * KROPZ PLC - ZAR 177 MILLION EQUITY FACILITY IS NOW
UNCONDITIONAL
AND FIRST DRAWDOWN OF ZAR103,500,000 WAS MADE ON 2 JUNE 2022

Source text for Eikon:  ID:nRSF6764Na 
Further company coverage:  KRPZ.L 

 ((Reuters.Briefs@thomsonreuters.com;))