KROPZ PLC

Legal Proceedings Report • Jul 22, 2025

National Storage Mechanism | Additional information

RNS Number : 1078S

Kropz PLC

22 July 2025

22 July 2025

Kropz Plc

("Kropz" or the "Company")

Legal Claim Update

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announces the extension of a legal stay on the claim which Kropz and its subsidiary company, Cominco Resources Limited ("Cominco"), are defendants (the "Claim").

Legal Claim Update

On 26 February 2025, Kropz announced that Teh Hong Eng Investments Holding Limited ("THE") and Meridian Investment Group PTE. Limited ("Meridian") had served Particulars of Claim in litigation in the English High Court to which Kropz and its subsidiary company, Cominco, are defendants. The litigation relates to an alleged breach of THE's right of first refusal to acquire Cominco shares at the time of Kropz's offer to Cominco's shareholders in November 2018 which resulted in the acquisition by Kropz of the entire issued and to be issued share capital of Cominco, including the acceptance of the offer by THE and Meridian as shareholders of Cominco.

On 21 May 2025, Kropz announced that a legal stay with THE and Meridian in respect of the litigation had been agreed and would expire in July 2025. The stay has now been extended and will expire on 31 December 2025.

Further updates will be made if necessary in due course.

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	+44 (0) 20 7907 8500
Tavistock	Financial PR & IR (UK)
Nick Elwes Jos Simson	+44 (0) 207 920 3150 kropz@tavistock.co.uk
R&A Strategic Communications	PR (South Africa)
Charmane Russell Marion Brower	+27 (0) 11 880 3924 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.

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