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KROPZ PLC

Legal Proceedings Report Mar 19, 2025

7754_rns_2025-03-19_ba844fae-ce6d-4b4e-b313-a3c8bb940219.html

Legal Proceedings Report

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National Storage Mechanism | Additional information

RNS Number : 2740B

Kropz PLC

19 March 2025

19 March 2025

Kropz plc

("Kropz" or the "Company")

Elandsfontein Update re: Notice of Motion application by World Wildlife Fund South Africa

Kropz plc (AIM: KRPZ), an emerging African phosphate producer, notes recent reports that a lawsuit has been lodged by the World Wildlife Fund South Africa ("WWF-SA") against South Africa's Ministry of Forestry, Fisheries and Environment ("DFFE") over its decision to dismiss appeals against an environmental offset exemption granted to the Elandsfontein mine, which is owned by the Company.

On 10 September 2024 the Minister of the DFFE who acts as an environmental appeal authority, upheld the decision of the Minister of the Department of Minerals and Energy ("DMRE") to remove the offset requirement from Kropz Elandsfontein (Pty) Ltd ("Kropz Elandsfontein") Environmental Management Program (EMPr).

Kropz Elandsfontein confirms that WWF-SA filed a Notice of Motion application to the High Court in South Africa to review the decision of the DFFE Minister, and that Kropz Elandsfontein has been named as the third respondent.

Kropz Elandsfontein confirms that WWF-SA's High Court application does not affect its day to day operations. Kropz Elandsfontein is in good standing with all its permitting government departments, including the Department of Water which administers and monitors its Water Use License.

Kropz Elandsfontein intends to oppose the WWF-SA motion as the third Respondent and is taking legal advice regarding the matter. Further updates will be provided as appropriate.

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 

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 

Jos Simson
+44 (0) 207 920 3150 

[email protected]
R&A Strategic Communications PR (South Africa)
Charmane Russell 

Marion Brower
+27 (0) 11 880 3924 

[email protected]  

[email protected]

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