Kropz PLC Appointment of Chief Executive Officer (8719M)

TIDMKRPZ

RNS Number : 8719M

Kropz PLC

16 January 2023

Kropz PLC

("Kropz" or "the Company")

Appointment of Chief Executive Officer

Kropz Plc announces the appointment of Louis Loubser to the board of the Company as Chief Executive Officer ("CEO") and executive director with immediate effect. As previously announced, Mark Summers has now left the board.

Commenting on the announcement, Lord Robin Renwick, Chairman, said:

"The Board are delighted to welcome Louis Loubser to the Board as the Company's new CEO. Louis has significant operational experience, which is what the Company most needs at this stage of its development.

"The Board would also like to take this opportunity to thank Mark for his very significant contribution whilst he had been at Kropz and wish him well in all his future endeavours."

Further information on Louis Loubser

Louis Ronald Loubser, age 43, is, or has been, a director or partner of the following companies or partnerships during the past five years:

 
 Current directorships and partnerships                  Past directorships and partnerships 
 
     *    Arctiq Holdings Proprietary Limited                *    Afrimat Lyttelton Proprietary Limited 
 
 
     *    BMP Mercator Proprietary Limited                   *    BFE Jean Crossing Proprietary Limited 
 
 
     *    Buffelsbank Boerdery Proprietary Limited           *    Infrasors Holdings Limited 
 
 
     *    Cusal Proprietary Limited                          *    Langcarel (RF) Proprietary Limited 
 
 
     *    Kagga Kamma Ontwikkeling Proprietary Limited       *    RFC Sales ZA Proprietary Limited 
 
 
     *    Mokaikai Game Lodge Proprietary Limited 
 
 
     *    Rotary Fluid Control Proprietary Limited 
                                                        -----------------------------------------------

Louis Loubser does not hold any legal or beneficial direct or indirect interest in the securities of the Company.

There is no further information required to be disclosed in respect of the above appointments pursuant to Rule 17 or Schedule 2 (g) of the AIM Rules for Companies.

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

   For further information visit    www.kropz.com  or contact: 
 
 Kropz Plc                       Via Tavistock 
                                 +44 (0) 207 920 
 Louis Loubser (CEO)              3150 
 
 Grant Thornton UK LLP           Nominated Adviser 
 Samantha Harrison 
  Harrison Clarke 
  George Grainger                +44 (0) 20 7383 
  Ciara Donnelly                  5100 
 
 Hannam & Partners               Broker 
 Andrew Chubb                    +44 (0) 20 7907 
  Ernest Bell                     8500 
 
 Tavistock                       Financial PR & 
                                  IR (UK) 
 Nick Elwes                      +44 (0) 207 920 
  Jos Simson                      3150 
  Emily Moss                      kropz@tavistock.co.uk 
 
 R&A Strategic Communications    PR (South Africa) 
 Charmane Russell                +27 (0) 11 880 
                                  3924 
                                  charmane@rasc.co.za

About Kropz Plc

Kropz is an emerging African phosphate producer and developer with projects in South Africa and in the Republic of Congo. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

-ENDS-

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 or visit 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.

END

MSCKZGMMFVRGFZM

(END) Dow Jones Newswires

January 16, 2023 09:02 ET (14:02 GMT)

Kropz (LSE:KRPZ)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024