RNS Number : 0929F
Kropz PLC
20 September 2024
 

20 September 2024

 

Kropz plc

 

("Kropz" or the "Company")

 

Results of General Meeting

 

Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that all the resolutions put to its General Meeting ("GM") held earlier today, 20 September 2024, were duly passed on a poll. A breakdown of proxy votes lodged prior to the GM will be available shortly on the Company's website.

 

As announced on 3 September 2024, the purpose of the GM was to provide the Company's directors authority to issue and allot shares and the disapplication in respect of pre-emption rights in respect of new ordinary shares which are to be issued pursuant to the Fundraising and the issue of Convertible Loan Notes as part of the Restructuring.

 

The Restructuring, Fundraising and the issue of the Convertible Loan Notes are also conditional on receiving approval from the South African Reserve Bank ("Exchange Control Approval"). The Company has not yet received Exchange Control Approval. The Company will make a further announcement upon receipt of the Exchange Control Approval in due course and will confirm the issue and Admission of the Fundraising shares at that time.

 

 

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 

 

 

 

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