REG - Kropz PLC - Appointment of Chief Executive Officer

KropzAnnouncement

16/01/2023 14:15

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RNS Number : 8719M  Kropz PLC  16 January 2023

 

 

16 January 2023

Kropz PLC

("Kropz" or "the Company")

 Appointment of Chief Executive Officer

 

Kropz Plc announces the appointment of Louis Loubser to the board of the
Company as Chief Executive Officer ("CEO") and executive director with
immediate effect. As previously announced, Mark Summers has now left the
board.

 

Commenting on the announcement, Lord Robin Renwick, Chairman, said:

 "The Board are delighted to welcome Louis Loubser to the Board as the
Company's new CEO. Louis has significant operational experience, which is what
the Company most needs at this stage of its development.

"The Board would also like to take this opportunity to thank Mark for his very
significant contribution whilst he had been at Kropz and wish him well in all
his future endeavours."

Further information on Louis Loubser

Louis Ronald Loubser, age 43, is, or has been, a director or partner of the
following companies or partnerships during the past five years:

 

 Current directorships and partnerships                   Past directorships and partnerships
 •    Arctiq Holdings Proprietary Limited                 •    Afrimat Lyttelton Proprietary Limited

 •    BMP Mercator Proprietary Limited                    •    BFE Jean Crossing Proprietary Limited

 •    Buffelsbank Boerdery Proprietary Limited            •    Infrasors Holdings Limited

 •    Cusal Proprietary Limited                           •    Langcarel (RF) Proprietary Limited

 •    Kagga Kamma Ontwikkeling Proprietary Limited        •    RFC Sales ZA Proprietary Limited

 •    Mokaikai Game Lodge Proprietary Limited

 •    Rotary Fluid Control Proprietary Limited

 

Louis Loubser does not hold any legal or beneficial direct or indirect
interest in the securities of the Company.

There is no further information required to be disclosed in respect of the
above appointments pursuant to Rule 17 or Schedule 2 (g) of the AIM Rules for
Companies.

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

 

For further information visit   www.kropz.com  or contact:

 

 Kropz Plc                         Via Tavistock
 Louis Loubser (CEO)               +44 (0) 207 920 3150

 Grant Thornton UK LLP             Nominated Adviser
 Samantha Harrison                 +44 (0) 20 7383 5100

 Harrison Clarke

 George Grainger

 Ciara Donnelly

 Hannam & Partners                 Broker
 Andrew Chubb                      +44 (0) 20 7907 8500

 Ernest Bell

 Tavistock                         Financial PR & IR (UK)
 Nick Elwes                        +44 (0) 207 920 3150

 Jos Simson                        kropz@tavistock.co.uk

 Emily Moss

 R&A Strategic Communications      PR (South Africa)
 Charmane Russell                  +27 (0) 11 880 3924

                                   charmane@rasc.co.za

 

About Kropz Plc

Kropz is an emerging African phosphate producer and developer with projects in
South Africa and in the Republic of Congo. The vision of the Group is to
become a leading independent phosphate rock producer and to develop into an
integrated, mine-to-market plant nutrient company focusing on sub-Saharan
Africa.

-ENDS-

 

 

 

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