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Issue of Equity

14th Feb 2019 07:31

RNS Number : 9955P
Kore Potash PLC
14 February 2019
 

14 February 2019

 

Kore Potash Plc

("Kore Potash" or the "Company")

Issue of Equity following Conversion of Employee Performance Rights

 

Kore Potash plc announces that it has today, 14 February 2019, issued 1,886,996 new Ordinary shares of a nominal value of USD$0.001 each via the conversion of 1,886,996 Class C Employee Performance Rights into fully paid Ordinary shares. Application has been made for these shares to be admitted to trading on AIM on 19 February 2019. These shares rank pari passu with the existing Ordinary shares in issue.

 

Following this issue, the Company's issued share capital consists of 862,739,689 shares. No shares are held in treasury. Accordingly, the total number of voting rights in the Company is 862,739,689.

 

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

ENDS

For further information, please visit www.korepotash.com or contact:

 

 

Kore Potash

Brad Sampson - CEO

 

Tel: +27 11 469 9140

Tavistock Communications

Jos Simson

Edward Lee

 

Tel: +44 (0) 20 7920 3150

Canaccord Genuity - Nomad and Broker

Martin Davison

James Asensio

 

Tel: +44 (0) 20 7523 4600

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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