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 or contact:
| Kore Potash David Hathorn, Chairman Andre Baya, CEO | Tel: +44 (0) 20 3963 1776
|
| Tavistock Communications Nick Elwes Adam Baynes | Tel: +44 (0) 20 7920 3150
|
| SP Angel Corporate Finance - Nomad and Broker Ewan Leggat Charlie Bouverat Kasia Brzozowska | Tel: +44 (0) 20 7470 0470 |
| Shore Capital - Joint Broker Toby Gibbs James Thomas | Tel: +44 (0) 20 7408 4050 |
| Questco Corporate Advisory - JSE Sponsor Doné Hattingh | Tel: +27 (11) 011 9205 |
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.
