REG - Kore Potash PLC - Commencement of Trading on A2X Exchange

Kore PotashAnnouncement

14/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240514:nRSN2413Oa&default-theme=true

RNS Number : 2413O  Kore Potash PLC  14 May 2024

14 May 2024

 

KORE POTASH PLC

("Kore Potash" or "the Company")

Commencement of Trading on A2X Exchange

 

Kore Potash plc, the potash development company with 97% ownership of the Kola
and DX Potash Projects in the Sintoukola Basin, located in the Republic of
Congo, is pleased to announce that the Company's ordinary shares have
commenced trading on the A2X Proprietary Limited ("A2X Markets" or "A2X"),
an independent stock exchange in South Africa, under the share code "KP2"
today.

 

A2X is a licensed stock exchange authorised to provide a secondary listing
venue for companies and is regulated by the South African Financial Sector
Conduct Authority and the Prudential Authority of the Reserve Bank in terms of
the Financial Markets Act 19 of 2012.

 

The A2X listing will provide an additional venue to transact and increase the
liquidity of trading of the ordinary shares.

 

Kore Potash's listings on the London Stock Exchange (AIM), JSE Limited and the
Australian Securities Exchange and its issued share capital are unaffected by
the secondary listing on A2X.

 

André Baya, CEO of Kore Potash, commented:

 

"We are delighted to commence trading on A2X today.  We believe that this
exchange will make investing and trading in our shares easier, increasing
accessibility and liquidity; enabling us to attract new investors into our
business and further expanding our investor base."

 

 Kevin Brady, A2X CEO, said:

 

"We are delighted to welcome Kore Potash to our market and look forward to
demonstrating the benefits that a secondary listing on A2X can bring to their
shareholders. Not only does it provide an alternative venue on which to
transact and access additional liquidity but our low fee structure also drives
significant savings."

 

 

For further information, please visit www.korepotash.com
(http://www.korepotash.com/) or contact:

 

 Kore Potash                                                Tel: +44 (0) 20 3963 1776

 David Hathorn, Chairman

 Andre Baya, CEO
 Tavistock Communications                                   Tel: +44 (0) 20 7920 3150

 Nick Elwes

 Adam Baynes
 SP Angel Corporate Finance - Nomad and Broker Ewan Leggat  Tel: +44 (0) 20 7470 0470

 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFLFFRESIVLIS