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KORE:  68   +3 (+4.62%)  27/11/2025 14:51

KORE POTASH PLC - Notification of Major Shareholding

Release Date: 27/11/2025 12:25
Code(s): KP2     PDF:  
Wrap Text
Notification of Major 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
CDI ISIN: AU000000KP25
("Kore Potash" or the "Company")

27 November 2025


                          Notification of Major Shareholding

  Kore Potash plc, the potash development company with 97% ownership of the Kola
  and DX Potash Projects in the Sintoukola Basin, announces that it has received the
  following TR-1 notification in relation to an acquisition of shares by Allan Gray
  Proprietary Limited on behalf of its clients presented below.


           TR-1: Standard form for notification of major holdings

1. Issuer Details
   ISIN
   GB00BYP2QJ94
   Issuer Name
   KORE POTASH PLC
   UK or Non-UK Issuer
   UK

2. Reason for Notification
   An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation
   Name
   Allan Gray Proprietary Limited
   City of registered office (if applicable)
   Cape Town
   Country of registered office (if applicable)
   South Africa

4. Details of the shareholder
   Full name of shareholder(s) if different from the person(s)
   subject to the notification obligation, above
   City of registered office (if applicable)


   Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached
   24-Nov-2025

6. Date on which Issuer notified
   27-Nov-2025

7. Total positions of person(s) subject to the notification
   obligation
                                           % of voting
                        % of voting        rights through
                                                               Total of both   Total number of
                        rights attached    financial
           .            to shares (total   instruments
                                                               in % (8.A +     voting rights held
                                                               8.B)            in issuer
                        of 8.A)            (total of 8.B 1 +
                                           8.B 2)

  Resulting
  situation on
  the date on
  which                  6.471800           0.000000            6.471800        314287608
  threshold was
  crossed or
  reached

  Position of
  previous
                         4.618700           0.000000            4.618700
  notification (if
  applicable)

8. Notified details of the resulting situation on the date on which
   the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of       Number of direct       Number of                            % of indirect
                                                             % of direct voting
shares ISIN         voting rights          indirect voting                      voting rights
                                                             rights (DTR5.1)
code(if possible)   (DTR5.1)               rights (DTR5.2.1)                    (DTR5.2.1)

GB00BYP2QJ94          314287608                                6.471800

Sub Total 8.A         314287608                                6.471800%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                       Number of voting rights that
                                                                                        % of
Type of financial   Expiration Exercise/conversion     may be acquired if the
                                                                                        voting
instrument          date       period                  instrument is
                                                                                        rights
                                                       exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of                                                                                    % of
                 Expiration   Exercise/conversion     Physical or cash    Number of
financial                                                                                  voting
                 date         period                  settlement          voting rights
instrument                                                                                 rights
Sub Total 8.B2

9. Information in relation to the person subject to the
   notification obligation
1. Person subject to the notification obligation is not controlled by any
   natural person or legal entity and does not control any other
   undertaking(s) holding directly or indirectly an interest in the
   (underlying) issuer.
                                    % of voting           % of voting rights         Total of both if it
                   Name of          rights if it equals   through financial          equals or is
Ultimate
                   controlled       or is higher than     instruments if it equals   higher than the
controlling person
                   undertaking      the notifiable        or is higher than the      notifiable
                                    threshold             notifiable threshold       threshold


10. In case of proxy voting
    Name of the proxy holder


 The number and % of voting rights held


 The date until which the voting rights will be held


11. Additional Information


12. Date of Completion
    27-Nov-2025

13. Place Of Completion
    Cape Town, South Africa


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

Kore Potash                                                            Tel: +44 (0) 20 3963 1776
André Baya – CEO
Andrey Maruta – CFO

Tavistock Communications                                               Tel: +44 (0) 20 7920 3150
Emily Moss
Nick Elwes

SP Angel – Nomad and Joint Broker                                      Tel: +44 (0) 20 7470 0470
Richard Morrison
Charlie Bouverat

Shore Capital – Joint Broker                                           Tel: +44 (0) 20 7408 4050
Toby Gibbs
James Thomas

Questco Corporate Advisory – JSE Sponsor                               Tel: +27 (63) 482 3802
Doné Hattingh

Date: 27-11-2025 12:25:00
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