Wrap Text
Results of General Meeting and Issue of shares
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”)
Results of General Meeting (”GM”) and Issue of Shares
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola
Potash Project (“Kola” or the “Project”), is pleased to announce that the resolutions put to its GM held
earlier today, were duly passed. The resolutions were all passed on a show of hands.
The GM was held, inter alia, to approve the issue of 646,914,254 new ordinary shares (“Ordinary
Shares”) in the Company at £0.016 per share in line with the Company’s announcements of 13 June
and 14 June 2019. Accordingly, application has been made for the Ordinary Shares to be admitted to
trading on AIM and the JSE Securities Exchange on 19 July 2019. These shares will rank pari passu with
the existing ordinary shares currently in issue.
Following this issue, the Company’s issues share capital will consist of 1,509,653,943 ordinary shares
of US$0.001. Accordingly, the total number of voting rights in the Company is 1,509,653,943. This
figure may be used by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in their interest in, the Company
under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The following statistics, as detailed in the attached Annexure A, are provided in respect of each motion
on the Agenda of Kore Potash plc’s GM.
ENDS
17 July 2019
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
James Asensio
Henry Fitzgerald-O’Connor
Shore Capital – Joint Broker Tel: +44 (0) 20 7408 4050
Jerry Keen
Toby Gibbs
Mark Percy
Renaissance Capital – JSE Sponsor Tel: +27 (11) 750 1448
Yvette Labuschagne
ANNEXURE A:
In respect to each resolution the total number of votes exercisable by all validly appointed proxies was as follows:
TOTAL
VOTES DISCRETION - DISCRETION - VOTES
RESOLUTION FOR AGAINST
VALIDLY CHAIRMAN OTHER WITHHELD
CAST
Resolution 1 – Authority to allot shares in connection with the 512,082,606 488,308,615 28,384 23,186,355 559,252 1,335,589
fundraise
511,075,696 486,871,705 28,384 23,186,355 989,252 2,342,499
Resolution 2 – Authority to allot shares
Resolution 3 – Approval of securities issue to non-affiliated 175,631,382 151,420,381 28,384 23,186,355 996,262 166,072,289
investors in connection with the fundraise
Resolution 4 – Approval of securities issue to SQM under the 176,931,730 152,491,131 28,384 23,186,355 1,225,860 164,841,941
placing
Resolution 5 – Approval of securities issue to SGRF under the 176,931,730 152,491,131 28,384 23,186,355 1,225,860 164,841,941
placing
Resolution 6 – Approval of securities issue to director under the 513,246,964 487,746,915 28,384 23,186,355 2,285,310 101,231
subscriptions – Mr David Hathorn
Resolution 7 - Approval of securities issue to director under the 513,316,964 487,816,915 28,384 23,186,355 2,285,310 101,231
subscriptions – Mr Brad Sampson
513,316,964 487,821,915 28,384 23,186,355 2,280,310 101,231
Resolution 8 – Approval to issue options to Brad Sampson
491,441,740 466,039,718 33,384 23,186,355 2,182,283 21,976,455
Resolution 9 – Approval to issue shares to employees
Resolution 10 – Approval to issue shares to Mr David Hathorn in 491,461,040 467,456,618 33,384 23,186,355 784,683 21,957,155
lieu of cash payments for director fees
Resolution 11 – Approval to issue shares to Mr Jonathan Trollip in 491,461,040 467,456,618 33,384 23,186,355 784,683 21,957,155
lieu of cash payments for director fees
Resolution 12 – Approval to issue shares to Mr Timothy Keating in 327,726,040 303,721,618 33,384 23,186,355 784,683 185,692,155
lieu of cash payments for director fees
Resolution 13 - Approval to issue shares to Mr David Netherway in 512,082,606 488,308,615 28,384 23,186,355 559,252 1,335,589
lieu of cash payments for director fees
Resolution 14 - Approval to issue shares to Mr José Antonio 511,075,696 486,871,705 28,384 23,186,355 989,252 2,342,499
Merino in lieu of cash payments for director fees
Resolution 15 – Disapplication of pre-emption rights in connection 175,631,382 151,420,381 28,384 23,186,355 996,262 166,072,289
with the fundraise
176,931,730 152,491,131 28,384 23,186,355 1,225,860 164,841,941
Resolution 16 – Disapplication of pre-emption rights
Date: 17/07/2019 12:08:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
