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KROPZ PLC

Capital/Financing Update May 28, 2025

7754_rns_2025-05-28_0cfadc18-a8cd-424b-908a-bca4e19cd172.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 4725K

Kropz PLC

28 May 2025

28 May 2025

Kropz Plc

("Kropz" or the "Company")

Formal Execution of Loan Facility

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 21 May 2025 that Kropz Elandsfontein (Pty) Ltd (" Elandsfontein ") and ARC Fund ("ARC") (together the "Parties") have agreed to a ZAR 130 million (approximately US$ 6.7 million) loan facility (the "Loan")

The Loan was pending formal execution and as the Limited Indemnity, Security Cession and Pledge by Kropz Plc has now been issued in favour of ARC for all current and future loan facilities made to Elandsfontein , the Loan has now been formally executed.

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

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

Marion Brower
+27 (0) 11 880 3924

[email protected] 

[email protected]

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.

-ENDS-

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