KORE POTASH PLC — Director's Dealing 2020

Sep 22, 2020

National Storage Mechanism | Additional information

RNS Number : 7506Z

Kore Potash PLC

22 September 2020

22 September 2020

Kore Potash Plc

("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

For further information, please visit www.korepotash.com or contact:

Kore Potash Brad Sampson - CEO		Tel: +27 11 469 9140
Tavistock Communications Jos Simson Edward Lee		Tel: +44 (0) 20 7920 3150
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor		Tel: +44 (0) 20 7523 4600
Shore Capital - Joint Broker Jerry Keen Toby Gibbs Mark Percy		Tel: +44 (0) 20 7408 4050

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Theseus (Guernsey) Limited as Trustee of the Belle Terre Trust (A Trust that the Director is a beneficiary of) 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 54,457,146 Fully Paid Ordinary Shares (AIM Listed) 250,000 Equity Warrants exercisable at AUD 0.30 each expiring on 29 March 2021 500,000 Performance Rights each expiring 22 May 2022 4,000,000 Unlisted Options exercisable at £0.11 each expiring on 27 June 2020	Held in the name of 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 Trust - Barland Trust Portfolio B (A Trust that the Director is a beneficiary of) Direct Direct
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 Note: If consideration is non-cash, provide details and estimated valuation	£0.0065 per Share
No. of securities held after change 54,457,146 Fully Paid Ordinary Shares (AIM Listed) 250,000 Equity Warrants exercisable at AUD 0.30 each expiring on 29 March 2021 29,359,953 Fully Paid Ordinary Shares (AIM Listed) 29,359,953 Fully Paid Ordinary Shares (AIM Listed) 500,000 Performance Rights each expiring 22 May 2022	Held in the name of 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 Trust - Barland Trust Portfolio B (A Trust that the Director is a beneficiary of) Theseus (Guernsey) Limited as Trustee of the Belle Terre Trust (A Trust that the Director is a beneficiary of) Theseus (Guernsey) Limited as Trustee of the Stapleford Trust (A Trust that the Director is a beneficiary of) Direct
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(i) Participation in Placement as approved at the Company's General Meeting on 18 September 2020 (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 (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

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