KORE POTASH PLC – Performance Rights

2019/04/15 11:03:00
SENS announcement for JSE listed company: KP2
                        

KP2 201904150019A
Performance Rights

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2
JSE share code:KP2
ISIN: GB00BYP2QJ94
(‘Kore Potash’ or the ‘Company’)
Performance Rights

Kore Potash advises that in line with the Admission Document the Company has issued Performance Rights
to certain Non-Executive directors as set out below.

The Performance Rights unconditionally vested on 29 March 2019 – the first anniversary of admission to
trading on AIM (‘Admission’).

David Hathorn 500,000
Jonathan Trollip 250,000
Leonard Math 250,000
David Netherway 250,000
Timothy Keating 250,000

In order to subscribe for shares in respect of the vested performance rights each Non-Executive director
will be required to pay the aggregate of US$0.001 per share and any taxes for which the Company is
required to account to any taxing authority on the directors’ behalf.

This represents the first of three tranches of Performance Rights, the second and third of which will
unconditionally vest on the second and third anniversaries of Admission respectively, in equal number to
those that vested in this tranche.

Please see below notifications of transaction by Person Discharging Managerial Responsibilities (‘PDMR’)
related to the vesting.

15 April 2019
JSE Sponsor: Rencap Securities (Pty) Limited
ENDS

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

Kore Potash Tel: +27 11 469 9140
Brad Sampson – CEO

Tavistock Communications Tel: +44 (0) 20 7920 3150
Jos Simson
Edward Lee

Canaccord Genuity – Nomad and Broker Tel: +44 (0) 20 7523 4600
Martin Davison
James Asensio
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name David Hathorn
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Kore Potash Plc
b) LEI 213800NWX7EHG4UVC107
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type Ordinary Shares of US$0.001 each
of instrument
Identification code GB00BYP2QJ94

b) Nature of the transaction Conversion of Performance Rights
c) Price(s) and volume(s) Price: US$0.001
Volume: 500,000
d) Aggregated information Aggregated volume: N/A
Price: N/A
e) Date of the transaction 29 March 2019
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jonathan Trollip
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Kore Potash Plc
b) LEI 213800NWX7EHG4UVC107
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type Ordinary Shares of US$0.001 each
of instrument
Identification code GB00BYP2QJ94
b) Nature of the transaction Conversion of Performance Rights
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
d) Aggregated information Aggregated volume: N/A
Price: N/A
e) Date of the transaction 29 March 2019
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Leonard Math
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Kore Potash Plc
b) LEI 213800NWX7EHG4UVC107
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type Ordinary Shares of US$0.001 each
of instrument
Identification code GB00BYP2QJ94
b) Nature of the transaction Conversion of Performance Rights
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
d) Aggregated information Aggregated volume: N/A
Price: N/A
e) Date of the transaction 29 March 2019
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name David Netherway
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Kore Potash Plc
b) LEI 213800NWX7EHG4UVC107
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type Ordinary Shares of US$0.001 each
of instrument
Identification code GB00BYP2QJ94
b) Nature of the transaction Conversion of Performance Rights
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
d) Aggregated information Aggregated volume: N/A
Price: N/A
e) Date of the transaction 29 March 2019
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Timothy Keating
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Kore Potash Plc
b) LEI 213800NWX7EHG4UVC107
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial instrument, type Ordinary Shares of US$0.001 each
of instrument
Identification code GB00BYP2QJ94
b) Nature of the transaction Conversion of Performance Rights
c) Price(s) and volume(s) Price: US$0.001
Volume: 250,000
d) Aggregated information Aggregated volume: N/A
Price: N/A
e) Date of the transaction 29 March 2019
f) Place of the transaction Outside a trading venue

Date: 15/04/2019 11:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.

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