Kropz PLC Result of General Meeting (2650P)
15 October 2021 - 10:52PM
UK Regulatory
TIDMKRPZ
RNS Number : 2650P
Kropz PLC
15 October 2021
15 October 2021
Kropz Plc
("Kropz" or the "Company")
Result of General Meeting
Kropz plc (AIM: KRPZ), an emerging African phosphate producer,
is pleased to announce that all the resolutions put to the General
Meeting ("GM") held earlier today, Friday 15 October 2021, were
duly passed on a poll. A breakdown of proxy votes lodged prior to
the GM and votes cast at the GM will be available shortly on the
Company's website.
As announced on 29 September 2021, the purpose of the GM was to
provide the Company's directors authority to issue and allot, on a
non-pre-emptive basis, shares in the Company to meet the full
demand under the new ZAR200 million equity facility from the
Company's largest shareholder, ARC Fund ("ZAR200 million Equity
Facility"). The first drawdown under the ZAR200 million Equity
Facility is expected on 25 October 2021.
For further information visit www.kropz.com or contact:
Kropz Plc
Mark Summers (CEO) +27 (0)79 744 8708
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison
Harrison Clarke
George Grainger +44 (0) 20 7383 5100
Hannam & Partners Broker
Andrew Chubb
Ernest Bell +44 (0)20 7907 8500
Tavistock Financial PR & IR (UK)
Nick Elwes +44 (0) 207 920 3150
Jos Simson kropz@tavistock.co.uk
Oliver Lamb
R&A Strategic Communications PR (South Africa)
James Duncan +27 (0)11 880 3924
james@rasc.co.za
About Kropz Plc
Kropz is an emerging African phosphate explorer and developer,
with an advanced stage phosphate mining project in South Africa and
a phosphate project 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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END
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