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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kore Potash Plc | LSE:KP2 | London | Ordinary Share | GB00BYP2QJ94 | ORD USD0.001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.52 | 0.50 | 0.54 | 0.52 | 0.52 | 0.52 | 2,048,714 | 07:31:43 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMKP2
RNS Number : 1913W
Kore Potash PLC
15 April 2019
15 April 2019
Kore Potash Plc
("Kore Potash" or the "Company")
Performance Rights
Kore Potash advises that in line with the Admission Document the Company has issued Performance Rights to certain Non-Executive directors as set out below.
The Performance Rights unconditionally vested on 29 March 2019 - the first anniversary of admission to trading on AIM ("Admission").
Hot Features
Premium
David Hathorn 500,000
Jonathan Trollip 250,000
---------------------
Leonard Math 250,000
---------------------
David Netherway 250,000
---------------------
Timothy Keating 250,000
---------------------
In order to subscribe for shares in respect of the vested performance rights each Non-Executive director will be required to pay the aggregate of US$0.001 per share and any taxes for which the Company is required to account to any taxing authority on the directors' behalf.
This represents the first of three tranches of Performance Rights, the second and third of which will unconditionally vest on the second and third anniversaries of Admission respectively, in equal number to those that vested in this tranche.
Please see below notifications of transaction by Person Discharging Managerial Responsibilities ("PDMR") related to the vesting.
SFor further information, please visit www.korepotash.com or contact:
Kore Potash Tel: +27 11 469 9140
Brad Sampson - CEO
Tavistock Communications Tel: +44 (0) 20 7920 3150
Jos Simson
Edward Lee
Canaccord Genuity - Nomad and Tel: +44 (0) 20 7523 4600
Broker
Martin Davison
James Asensio
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name David Hathorn
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Kore Potash Plc
------------------------------------------------------------ ---------------------------------
b) LEI 213800NWX7EHG4UVC107
------------------------------------------------------------ ---------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.001 each
Identification code GB00BYP2QJ94
------------------------------------------------------------ ---------------------------------
b) Nature of the transaction Conversion of Performance Rights
------------------------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price: US$0.001
Volume: 500,000
------------------------------------------------------------ ---------------------------------
d) Aggregated information Aggregated volume: N/A
Price: N/A
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 29 March 2019
------------------------------------------------------------ ---------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jonathan Trollip
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Kore Potash Plc
------------------------------------------------------------ ---------------------------------
b) LEI 213800NWX7EHG4UVC107
------------------------------------------------------------ ---------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.001 each
Identification code GB00BYP2QJ94
------------------------------------------------------------ ---------------------------------
b) Nature of the transaction Conversion of Performance Rights
------------------------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
------------------------------------------------------------ ---------------------------------
d) Aggregated information Aggregated volume: N/A
Price: N/A
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 29 March 2019
------------------------------------------------------------ ---------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Leonard Math
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Kore Potash Plc
------------------------------------------------------------ ---------------------------------
b) LEI 213800NWX7EHG4UVC107
------------------------------------------------------------ ---------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.001 each
Identification code GB00BYP2QJ94
------------------------------------------------------------ ---------------------------------
b) Nature of the transaction Conversion of Performance Rights
------------------------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
------------------------------------------------------------ ---------------------------------
d) Aggregated information Aggregated volume: N/A
Price: N/A
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 29 March 2019
------------------------------------------------------------ ---------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name David Netherway
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Kore Potash Plc
------------------------------------------------------------ ---------------------------------
b) LEI 213800NWX7EHG4UVC107
------------------------------------------------------------ ---------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.001 each
Identification code GB00BYP2QJ94
------------------------------------------------------------ ---------------------------------
b) Nature of the transaction Conversion of Performance Rights
------------------------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
------------------------------------------------------------ ---------------------------------
d) Aggregated information Aggregated volume: N/A
Price: N/A
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 29 March 2019
------------------------------------------------------------ ---------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------------ ---------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Timothy Keating
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------
a) Name Kore Potash Plc
------------------------------------------------------------ ---------------------------------
b) LEI 213800NWX7EHG4UVC107
------------------------------------------------------------ ---------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.001 each
Identification code GB00BYP2QJ94
------------------------------------------------------------ ---------------------------------
b) Nature of the transaction Conversion of Performance Rights
------------------------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
------------------------------------------------------------ ---------------------------------
d) Aggregated information Aggregated volume: N/A
Price: N/A
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 29 March 2019
------------------------------------------------------------ ---------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------------------------------ ---------------------------------
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 rns@lseg.com or visit www.rns.com.
END
DSHLIFVTSDIELIA
(END) Dow Jones Newswires
April 15, 2019 04:41 ET (08:41 GMT)
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