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KORE POTASH PLC - Expiry of Unlisted Options and Change in Director’s Interest Notice
2020/09/22 14:00:00Download PDF Stock report
Expiry of Unlisted Options and Change in Director’s Interest Notice
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”)
Expiry of Unlisted Options and Change in Director’s Interest Notice
The Company wishes to advise that 4,000,000 unlisted options exercisable at £0.11 each expired
unexercised on 27 June 2020.
Included is a copy of a change in director’s interest notice for Mr Hathorn, the Company’s
Chairman, who held these unlisted options.
The Company notes the lodgement of the above is outside the time prescribed by the ASX listing
rules. The late lodgement was due to an administrative oversight. The Company and Mr Hathorn
is aware of the requirements under ASX Listing Rules 3.19A and 3.19B. The administrative oversight
has not affected the Company’s current arrangement for ensuring timely notification in accordance
with the listing rules.
The below change in director’s interest notice also reflects the issue of 58,719,906 fully paid
ordinary shares to Mr Hathorn following shareholder approval at the Company’s recently held
General Meeting.
ENDS
22 September 2020
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
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents
given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of Entity Kore Potash Plc (ASX, AIM, JSE : KP2)
ARBN 621 843 614
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director
for the purposes of section 205G of the Corporations Act.
Name of Director David Andrew Hathorn
Date of Last Notice 7 April 2020
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in
this part.
Direct or indirect interest Direct and Indirect
Nature of indirect interest Theseus (Guernsey) Limited as Trustee of the Belle
Terre Trust (A Trust that the Director is a beneficiary of)
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Theseus (Guernsey) Limited as Trustee of the
Stapleford Trust (A Trust that the Director is a
beneficiary of)
Date of change 21 September 2020
No. of securities held prior to change Held in the name of
54,457,146 Fully Paid Ordinary Shares (AIM Listed) Theseus (Guernsey) Limited as Trustee of the Barland
Trust - Barland Trust Portfolio B (A Trust that the
Director is a beneficiary of)
Theseus (Guernsey) Limited as Trustee of the Barland
250,000 Equity Warrants exercisable at AUD 0.30 each Trust - Barland Trust Portfolio B (A Trust that the
expiring on 29 March 2021 Director is a beneficiary of)
Direct
500,000 Performance Rights each expiring 22 May 2022
4,000,000 Unlisted Options exercisable at £0.11 each Direct
expiring on 27 June 2020
Class Unlisted Options and Fully Paid Ordinary Shares (AIM)
Number acquired 58,719,906 Fully Paid Ordinary Shares (AIM)
Number disposed 4,000,000 Unlisted Options exercisable at £0.11 each
expiring on 27 June 2020 (expired unexercised)
Value/Consideration £0.0065 per Share
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change Held in the name of
54,457,146 Fully Paid Ordinary Shares (AIM Listed) Theseus (Guernsey) Limited as Trustee of the Barland
Trust - Barland Trust Portfolio B (A Trust that the
Director is a beneficiary of)
Theseus (Guernsey) Limited as Trustee of the Barland
250,000 Equity Warrants exercisable at AUD 0.30 each Trust - Barland Trust Portfolio B (A Trust that the
expiring on 29 March 2021 Director is a beneficiary of)
Theseus (Guernsey) Limited as Trustee of the Belle
Terre Trust (A Trust that the Director is a beneficiary of)
29,359,953 Fully Paid Ordinary Shares (AIM Listed)
Theseus (Guernsey) Limited as Trustee of the
Stapleford Trust (A Trust that the Director is a
beneficiary of)
29,359,953 Fully Paid Ordinary Shares (AIM Listed)
Direct
500,000 Performance Rights each expiring 22 May 2022
Nature of change (i) Participation in Placement as approved at the
Example: on-market trade, off-market trade, exercise of options, issue of
Company's General Meeting on 18 September 2020
securities under dividend reinvestment plan, participation in buy-back (refer to Resolution 3)
(ii) Expiry of Unlisted Options
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in
this part.
Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which interest related N/A
prior to change
Note: Details are only required for a contract in relation to which the interest
has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change N/A
Part 3 – +Closed period
Were the interests in the securities or contracts detailed above traded during a No
+closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade to proceed during this N/A
period?
If prior written clearance was provided, on what date was this provided? N/A
Date: 22-09-2020 02:00:00
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