KROPZ PLC

Board/Management Information • Jul 20, 2022

National Storage Mechanism | Additional information

RNS Number : 0294T

Kropz PLC

20 July 2022

20 July 2022

Kropz Plc

("Kropz" or the "Company")

Notice of Director Resignation

Mark Summers to step down at the end of 2022

Kropz plc (AIM: KRPZ), an emerging African phosphate producer, announces that Mark Summers, Chief Executive Officer ("CEO")  has decided to stand down as CEO and Executive Director of the Company at the end of 2022. The Board has commenced a process with a view to appointing a new CEO. Mark will continue to work with the Kropz team and his replacement, once appointed, to ensure an orderly hand over and that the day-to-day activities of the business continues.

Further announcements will be made as the CEO process progresses.

Lord Robin William Renwick of Clifton, Non-Executive Chairman of Kropz, commented:

"Both I and the Board have been extremely grateful to Mark for his excellent service to the Company over the past several years."

Mark Summers, commented:

"We have achieved a great deal since I joined in 2015. With Elandsfontein now moving into the operational phase, and the way forward at Hinda well-defined, I have decided that the time is right to hand over the reins at Kropz and seek new opportunities.  I would like to thank our shareholders for all their support as well as all the team at Kropz for their incredible hard work and commitment. I wish them every success in the future."

For further information visit www.kropz.com or contact:

Kropz Plc	Via Tavistock
Mark Summers (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)
Emily Moss Nick Elwes Adam Baynes	+44 (0) 207 920 3150 kropz@tavistock.co.uk
R&A Strategic Communications	PR (South Africa)
James Duncan	+27 (0)11 880 3924 james@rasc.co.za

About Kropz Plc

Kropz is an emerging African phosphate producer and developer, with an advanced stage phosphate mining project in South Africa and a phosphate project 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

BOAEASXNFSFAEFA