RNS Number : 6162X
Kropz PLC
21 December 2023

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.

21 December 2023

Kropz Plc

("Kropz" or the "Company")

BNP loan facility agreement update

The Company is in the process of refinancing the BNP loan facility (outstanding amount US$ 15,000,000). BNP has extended its waiver period to 31 March 2024. A replacement loan is expected to be in place by the first quarter of 2024, before expiry of the facility.

The Company will provide further updates in due course.

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

Harrison Clarke

Ciara Donnelly

+44 (0) 20 7383 5100


Hannam & Partners

Broker

Andrew Chubb

Ernest Bell

+44 (0) 20 7907 8500

Tavistock

Financial PR & IR (UK)

Nick Elwes

Jos Simson

+44 (0) 207 920 3150

kropz@tavistock.co.uk

R&A Strategic Communications

PR (South Africa)

Charmane Russell

Marion Brower

+27 (0) 11 880 3924

charmane@rasc.co.za

marion@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.

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