To view the PDF file, sign up for a MySharenet subscription.

KORE POTASH PLC - Notification of Major Shareholding

Release Date: 02/04/2025 08:16
Code(s): KP2     PDF:  
Wrap Text
Notification of Major Shareholding

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2
JSE share code: KP2
ISIN: GB00BYP2QJ94
CDI ISIN: AU000000KP25
("Kore Potash" or the "Company")

2 April 2025
                                     Notification of Major Shareholding

   Kore Potash plc, the potash development company with 97% ownership of the Kola and DX Potash
   Projects in the Sintoukola Basin, announces that it has received the following TR-1 notification in
   relation to an acquisition of shares by Allan Gray Proprietary Limited on behalf of its clients presented
   below.


                    TR-1: Standard form for notification of major holdings

1. Issuer Details
ISIN
GB00BYP2QJ94
Issuer Name
KORE POTASH PLC
UK or Non-UK Issuer
UK

2. Reason for Notification
An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation
Name
Allan Gray Proprietary Limited
City of registered office (if applicable)
Cape Town
Country of registered office (if applicable)
South Africa

4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached
27-Mar-2025

6. Date on which Issuer notified
01-Apr-2025

7. Total positions of person(s) subject to the notification obligation

                         % of voting        % of voting rights
                                                                 Total of both   Total number of
                         rights attached    through financial
           .                                                     in % (8.A +     voting rights held
                         to shares (total   instruments (total
                                                                 8.B)            in issuer
                         of 8.A)            of 8.B 1 + 8.B 2)
  Resulting
  situation on the
  date on which
  threshold was           4.618700           0.000000             4.618700        223250000
  crossed or
  reached
  

  Position of
  previous
  notification (if
  applicable)


8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of            Number of direct voting         Number of                % of direct voting       % of indirect
shares ISIN code(if      rights (DTR5.1)                 indirect voting          rights (DTR5.1)           rights (DTR5.2.1)   
possible)                                                voting rights
                                                         (DTR5.2.1)
                                                   
GB00BYP2QJ94            223,250,000                                                4.618700

Sub Total 8.A           223,250,000                                                4.618700%


8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

                                                          Number of voting rights that may be     % of
Type of financial    Expiration   Exercise/conversion
                                                          acquired if the instrument is           voting
instrument           date         period
                                                          exercised/converted                     rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of
                 Expiration   Exercise/conversion     Physical or cash     Number of             % of voting
financial
                 date         period                  settlement           voting rights         rights
instrument
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person
or legal entity and does not control any other undertaking(s) holding directly or
indirectly an interest in the (underlying) issuer.

                                     % of voting rights   % of voting rights            Total of both if it
                     Name of         if it equals or is   through financial             equals or is
Ultimate
                     controlled      higher than the      instruments if it equals or   higher than the
controlling person
                     undertaking     notifiable           is higher than the            notifiable
                                     threshold            notifiable threshold          threshold

10. In case of proxy voting
Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion
01-Apr-2025

13. Place Of Completion
Cape Town, South Africa


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

Kore Potash
Andre Baya, CEO
Andrey Maruta, CFO                              Tel: +44 (0) 20 3963 1776

Tavistock Communications
Emily Moss                                      Tel: +44 (0) 20 7920 3150
Nick Elwes

SP Angel Corporate Finance - Nomad and Broker
Ewan Leggat
Charlie Bouverat                                Tel: +44 (0) 20 7470 0470
Grant Barker

Shore Capital - Joint Broker
Toby Gibbs                                      Tel: +44 (0) 20 7408 4050
James Thomas

Questco Corporate Advisory - JSE Sponsor
Doné Hattingh                                   Tel: +27 63 482 3802
                                             

Date: 02-04-2025 08:16:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.