Kropz PLC Trading update, Update on Annual Accounts (4675E)
30 Juin 2023 - 8:00AM
UK Regulatory
TIDMKRPZ
RNS Number : 4675E
Kropz PLC
30 June 2023
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.
30 June 2023
Kropz Plc
("Kropz" or the "Company")
Trading update, Update on Annual Accounts and Suspension of
Shares
Kropz plc (AIM: KRPZ), an emerging African phosphate producer,
is pleased to announce further sales of 33,000 tonnes of phosphate
concentrate from Kropz Elandsfontein (Pty) Ltd during June 2023.
This brings sales to date to 130,000 tonnes.
The annual audit is still ongoing and is well progressed,
however, the Company will not be in a position to publish its
annual report and accounts ("Annual Accounts") for the year ended
31 December 2022 ("FY22") by 30 June 2023, the deadline specified
by AIM Rule 19.
Consequently, the Company's shares will be suspended from
trading on AIM with effect from 3 July 2023, pending publication of
the FY22 Annual Accounts.
The Company expects to publish the FY22 Annual Accounts in July
2023. Further updates will be made as appropriate.
The AGM remains to be held today, as announced on 7 June 2023,
and a subsequent shareholder meeting will be called to approve the
Annual Accounts.
For further information visit www.kropz.com or contact:
Kropz Plc Via Tavistock
Louis Loubser (CEO) +44 (0) 207 920 3150
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison
Harrison Clarke
George Grainger
Ciara Donnelly +44 (0) 20 7383 5100
Hannam & Partners Broker
Andrew Chubb
Ernest Bell +44 (0) 20 7907 8500
Tavistock Financial PR & IR (UK)
Nick Elwes +44 (0) 207 920 3150
Jos Simson kropz@tavistock.co.uk
Emily Moss
R&A Strategic Communications PR (South Africa)
Charmane Russell +27 (0) 11 880 3924
Marion Brower charmane@rasc.co.za
marion@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-
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END
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