KORE POTASH PLC - Director / PDMR Shareholding

Director / PDMR 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
(“Kore Potash” or the “Company”)

                                 DIRECTOR/PDMR SHAREHOLDING

Kore Potash, the potash exploration and development company whose flagship asset is the Kola
Project (“Kola” or the “Project”), located within the Company’s 97%-owned Sintoukola Potash Project
in the Republic of Congo, has received notice of the below.

Following shareholder approval at the AGM held on 27 June 2018, the US$250,000 convertible loan
note agreement dated 26 March 2018 between Theseus (Guernsey) Limited as trustee of the Barland
Trust (the “Trust”) (of which David Hathorn is a beneficiary) (“Convertible Loan Note”) has converted
to 1,618,250 new ordinary shares. In accordance with the Convertible Loan Note agreement, the Trust
will also receive 250,000 equity warrants on the basis of one equity warrant for each US$1 of principal
amount converted.

Application has been made for the 1,618,250 new ordinary shares to be admitted to trading on AIM
at 8 a.m. on 10 August 2018 (“Admission”). The new ordinary shares will rank pari passu with the
existing ordinary shares in issue.

From Admission, the Company’s issued ordinary shares will comprise 860,852,693 ordinary shares of
US$0.001 each. No ordinary shares are held in treasury. The figure of 860,852,693 may be used by
the Company's 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.



Notification of transaction by Person Discharging Managerial Responsibilities (“PDMR”)

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       Ordinary Shares of US$0.001 each
   instrument, type of instrument
   Identification code                 GB00BYP2QJ94
b) Nature of the transaction           Conversion of convertible loan note
c) Price(s) and volume(s)              Price: A$0.20

                                       Volume: 1,618,250
d) Aggregated information              Aggregated volume: 1,618,250

                                       Price: A$0.20
e)    Date of the transaction          27 June 2018
f)    Place of the transaction         Outside of a trading venue



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       Equity warrants to subscribe for new
   instrument, type of instrument ordinary shares of US$0.001 each

   Identification code                 GB00BYP2QJ94
b) Nature of the transaction           Issue of equity warrants
c) Price(s) and volume(s)              Price: A$0.30

                                       Volume: 250,000
d) Aggregated information              Aggregated volume: 250,000

                                       Price: A$0.30
e)    Date of the transaction          27 June 2018
f)    Place of the transaction         Outside of a trading venue


                                                ENDS

7 August 2018
JSE Sponsor: Rencap Securities (Pty) Limited


For 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 Broker   Tel: +44 (0) 20 7523 4600
Martin Davison
James Asensio

Renaissance Capital – JSE Sponsor      Tel: +27 (11) 750 1448
Yvette Labuschagne

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