KORE POTASH PLC — Major Shareholding Notification 2025

Apr 2, 2025

National Storage Mechanism | Additional information

RNS Number : 2388D

Kore Potash PLC

02 April 2025

2 April 2025

KORE POTASH PLC

("Kore Potash" or "the Company ")

Notification of Major Shareholding

Kore Potash plc, the potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, announces that it has received the following TR-1 notification in relation to an acquisition of shares by Allan Gray Proprietary Limited on behalf of its clients presented below.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BYP2QJ94

Issuer Name

KORE POTASH PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Allan Gray Proprietary Limited

City of registered office (if applicable)

Cape Town

Country of registered office (if applicable)

South Africa

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

27-Mar-2025

6. Date on which Issuer notified

01-Apr-2025

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	4.618700	0.000000	4.618700	223250000
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BYP2QJ94	223,250,000		4.618700
Sub Total 8.A	223,250,000		4.618700%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

01-Apr-2025

13. Place Of Completion

Cape Town, South Africa

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

Kore Potash Andre Baya, CEO
Andrey Maruta, CFO	Tel: +44 (0) 20 3963 1776
Tavistock Communications Emily Moss Nick Elwes	Tel: +44 (0) 20 7920 3150
SP Angel Corporate Finance - Nomad and Broker Ewan Leggat Charlie Bouverat Grant Barker	Tel: +44 (0) 20 7470 0470
Shore Capital - Joint Broker Toby Gibbs James Thomas	Tel: +44 (0) 20 7408 4050
Questco Corporate Advisory - JSE Sponsor Doné Hattingh	Tel: +27 63 482 3802

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