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KRPZ Kropz Plc

1.35
0.00 (0.00%)
11 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kropz Plc LSE:KRPZ London Ordinary Share GB00BZ1HLP69 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.35 1.20 1.50 1.45 1.26 1.45 250 08:00:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chem,fertlizer Minrl Mng,nec 0 -66.64M -0.0719 -0.19 12.51M

Kropz PLC Drawdown on Bridge Loan Facilities (0294A)

17/01/2024 11:41am

UK Regulatory


Kropz (LSE:KRPZ)
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From Oct 2023 to Oct 2024

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TIDMKRPZ

RNS Number : 0294A

Kropz PLC

17 January 2024

17 January 2024

Kropz Plc

("Kropz" or the "Company")

Drawdown on Bridge Loan Facilities

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 15 December 2023 that it had entered into a new bridge loan facility of ZAR 115 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements at Kropz Elandsfontein (Pty) Ltd.

The final draw down on the Loan for an amount of ZAR 52.5 million has now been made.

   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                      +44 (0) 207 920 3150 
  Jos Simson                      kropz@tavistock.co.uk 
 
 R&A Strategic Communications    PR (South Africa) 
 Charmane Russell                +27 (0) 11 880 3924 
  Marion Brower                   charmane@rasc.co.za 
                                  marion@rasc.co.za 
 

About Kropz Plc

Kropz is an emerging African phosphate producer and developer with projects in South Africa and 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

MSCSFSFFWELSELF

(END) Dow Jones Newswires

January 17, 2024 06:41 ET (11:41 GMT)

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