KORE POTASH PLC - PDMR Grant of Options

PDMR Grant of Options

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")

15 April 2024
                                           PDMR Grant of Options

Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2), the potash development company with 97% ownership of the
Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo, announces the
grant of options over 20,000,000 new ordinary shares of US$0.001 each in the Company ("new Ordinary
Shares") exercisable at a price of 1 pence per new Ordinary Share to the Company's CEO, Mr André Baya,
pursuant to his contract of employment with the Company, vesting at today's date with a life to expiry of
three years from today's date, exercisable for so long as Mr Baya remains an employee of the Company.

In addition, the Board has also granted options over 15,000,000 new Ordinary Shares exercisable at a
price of 1 pence per new Ordinary Share to the Company's CFO, Mr Andrey Maruta. The options have
vested on 12 April 2024 with a life to expiry of three years from today's date, exercisable for so long as
Mr Maruta is an employee of the Company.

Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMR")

    1       Details of the person discharging managerial responsibilities/person closely associated

    a)      Name                               1) Mr J. M. André Baya
                                               2) Mr Andrey Maruta
    2       Reason for the notification
    a)      Position/status                    1) CEO (Non-Board)
                                               2) CFO (Non-Board)
    b)      Initial                            Initial notification
            notification/Amendment
    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        Grant of options over Ordinary Shares of US$0.001 each
            instrument,       type     of       GB00BYP2QJ94
            instrument
            Identification code
    b)      Nature of the transaction          Grant of options over ordinary shares of US$0.001 each
                                               in the Company.
    c)      Price(s) and volume(s)           1)
                                                   Price               Volume
                                                   1 pence             20,000,000
                                             2)
                                                   Price               Volume
                                                   1 pence             15,000,000
    d)      Aggregated information           1)
                                                   Price               Volume
                                                   1 pence             20,000,000
                                             2)
                                                   Price               Volume
                                                   1 pence             15,000,000
    e)      Date of the transaction          1) 15 April 2024
                                             2) 12 April 2024
    f)      Place of the transaction         Outside a Trading Venue



Market Abuse Regulation
Market Abuse Regulation (MAR) Disclosure - The information contained within this announcement is
deemed by the Company to constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 which has been incorporated into UK law by the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service
("RIS"), this inside information is now considered to be in the public domain.

This announcement has been approved for release by the Board.


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

         Kore Potash                                                      Tel: +44 (0) 20 3963 1776
         David Hathorn – Chairman
         André Baya – CEO
        
         Tavistock Communications                                         Tel: +44 (0) 20 7920 3150
         Nick Elwes
         Adam Baynes

         SP Angel Corporate Finance – Nomad and Broker                    Tel: +44 (0) 20 7470 0470
         Ewan Leggat
         Charlie Bouverat
         Kasia Brzozowska
         
         Shore Capital – Joint Broker                                     Tel: +44 (0) 20 7408 4050
         Toby Gibbs
         James Thomas
         
         Questco Corporate Advisory – JSE Sponsor                         Tel: +27 (11) 011 9205
         Doné Hattingh

                                                  END

Date: 15-04-2024 08:00:00
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