CDI Monthly Movement

RNS Number : 7833N

Kore Potash PLC

03 February 2021

 

3 February 2021

Kore Potash Plc

("Kore Potash" or the "Company")

CDI Monthly Movement

Kore Potash Plc (ASX: KP2, AIM: KP2, JSE: KP2) (Company) advises the following movements in CDIs over its ordinary shares during January 2021:

Balance - 31 December 2020	250,674,472
Net Movement*	12,959,767
Balance - 31 January 2021	263,634,239

* Increase/(Decrease) in the number of CDIs quoted on ASX as a result of transfers between CDIs quoted on ASX and ordinary shares quoted on AIM and JSE, as required by the ASX to be reported on a minimum monthly basis.

A copy of the Appendix 4A lodged with the ASX is attached below.

ENDS

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

Kore Potash Brad Sampson - CEO		Tel: [phone]
Tavistock Communications Jos Simson Edward Lee		Tel: [phone]
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor		Tel: [phone]
Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas		Tel: [phone]

Appendix 4A

Statement of CDIs on issue

Information and documents given to ASX become ASX's property and may be made public.

*Denotes minimum information required for first lodgement of this form.

Part 1 - Entity and announcement details

Question no	Question	Answer
1.1	*Name of entity We (the entity named above) provide the following information about our issued capital.[1]	KORE POTASH PLC
1.2	*Registration type and number Please supply your ABN, ARSN, ARBN, ACN or another registration type and number (if you supply another registration type, please specify both the type of registration and the registration number).	ARBN 621843614
1.3	*ASX issuer code	KP2
1.4	*The announcement is Tick whichever is applicable.	ü New announcement Update/amendment to previous announcement Cancellation of previous announcement
1.4a	*Reason for update Mandatory only if "Update" ticked in Q1.4 above.  A reason must be provided for an update.	N/A
1.4b	*Date of previous announcement to this update Mandatory only if "Update" ticked in Q1.4 above.	N/A
1.4c	*Reason for cancellation Mandatory only if "Cancellation" ticked in Q1.4 above.	N/A
1.4d	*Date of previous announcement to this cancellation Mandatory only if "Cancellation" ticked in Q1.4 above.	N/A
1.5	*Date of this announcement	Wednesday, 3 February 2021

Part 2 - Details of CDIs and other securities on issue

Question No.	Question	Answer
2.1	*Statement for month and year Appendix 4A should be provided within 5 business days of the calendar month end, regardless of whether there is a change or not.	Month: January Year: 2021
2.2	*Number and class of all ASX-quoted CDIs on issue: Repeat the following information for each class of CDIs quoted on ASX ASX security code: KP2 Security description: CHESS DEPOSITARY INTERESTS 1:1 CDI ratio[2]: 1:1 Total number of CDIs quoted on ASX at end of statement month (A): 263,634,239 Total number of CDIs quoted on ASX at end of previous month (B): 250,674,472 Net difference[3] (A-B): 12,959,767 Reason for change: Net transfers of securities between CDIs and ordinary shares as quoted / held on AIM and JSE. If the total number of CDIs quoted on ASX at the end of the statement month (A), is greater than the total number of CDIs for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A (C), the entity hereby applies for +quotation of the difference (A - C) and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.
2.3	*Number and class of all issued securities not represented by CDIs quoted on ASX: Repeat the following table for each class of issued securities not represented (in whole or in part) by CDIs quoted on ASX ASX security code: KP2AA Security description: ORDINARY FULLY PAID Total number of securities at end of statement month (A): 2,188,133,934 Total number of securities at end of previous month (B): 2,195,113,061 Net difference (A-B): (6,979,127) Reason for change: Issue of 5,980,640 ordinary shares on AIM (as announced on 15 January 2021) and n et transfers of securities between CDIs and ordinary shares as quoted / held on AIM and JSE. ASX security code: KP2AB Security description: OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES Total number of securities at end of statement month (A): 26,900,000 Total number of securities at end of previous month (B): 26,900,000 Net difference (A-B): 0 Reason for change: Not applicable ASX security code: KP2AF Security description: OPTION EXPIRING 01-JAN-2024 EX 2.2 Total number of securities at end of statement month (A): 27,000,000 Total number of securities at end of previous month (B): 33,000,000 Net difference (A-B): (6,000,000) Reason for change:  Cancellation of 6,000,000 unlisted options as the applicable vesting conditions have not been achieved (as announced on 15 January 2021) . ASX security code: KP2AC Security description: PERFORMANCE RIGHTS Total number of securities at end of statement month (A): 8,976,666 Total number of securities at end of previous month (B): 15,345,668 Net difference (A-B): (6,369,002) Reason for change: Cancellation of 3,297,751 performance rights as the applicable vesting conditions have not been achieved, and the exercise of 3,071,251 performance rights into ordinary shares (as announced on 15 January 2021) . ASX security code: KP2AE Security description: WARRANTS Total number of securities at end of statement month (A): 13,144,659 Total number of securities at end of previous month (B): 13,144,659 Net difference (A-B): 0 Reason for change: Not applicable

Introduced 01/12/19

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[1]   Listing rule 4.11 requires an entity that has a dual listing on ASX and an overseas exchange and has CDIs issued over quoted securities, to complete an Appendix 4A and give it to ASX within 5 business days of the end of each month. An entity that has a dual listing on ASX and an overseas exchange and that is proposing to issue new equity securities and to have quoted CDIs over some or all of them, should notify ASX of the proposed issue of the underlying securities using an Appendix 3B and apply for the CDIs to be quoted using an Appendix 2A.

[2]   This is the ratio at which CDIs can be transmuted into the underlying security (e.g. 4:1 means 4 CDIs represent 1 underlying security whereas 1:4 means 1 CDI represents 4 underlying securities).

[3]   The net difference should equal the number of underlying securities transmuted into CDIs during the month less the number of CDIs transmuted into underlying securities during the month

 

END

 

 

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