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| 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% | 1.25 | 1.00 | 1.50 | 1.585 | 1.25 | 1.40 | 0.00 | 08:00:08 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Chem,fertlizer Minrl Mng,nec | 0 | -66.64M | -0.0719 | -0.17 | 11.58M |
From Apr 2019 to Apr 2024
TIDMKRPZ
RNS Number : 5175Y
Kropz PLC
09 September 2020
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
9 September 2020
Kropz Plc
("Kropz" or the "Company")
Equity Facility Quarterly Draw Down Update
Kropz plc (AIM: KRPZ) is providing an update on the expected timing of its second quarterly draw down request under the equity facility with Kropz's major shareholder, the ARC Fund. This is now expected to occur on or around 23 September 2020. The equity facility is for up to the aggregate maximum ZAR equivalent of US$ 40 million (which cannot exceed ZAR 680 million) as announced on 13 May 2020 ("Equity Facility").
The Company would also like to confirm that from 1 October 2020, Hannam & Partners will be its sole broker.
For further information visit www.kropz.com or contact:
Hot Features
Premium
Kropz Plc
Mark Summers (CEO) +27 (0)79744 8708
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison
Niall McDonald +44 (0) 20 7383 5100
Hannam & Partners Joint Broker
Andrew Chubb
Ernest Bell +44 (0)20 7907 8500
Mirabaud Securities Ltd Joint Broker
Rory Scott +44 (0)20 3167 7220
Edward Haig-Thomas +44 (0)20 3167 7222
Tavistock Financial PR & IR (UK)
Emily Moss +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
MSCUKOORROUKRAR
(END) Dow Jones Newswires
September 09, 2020 09:36 ET (13:36 GMT)
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