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Share Price: 1.35

Bid: 1.20

Ask: 1.50

Change: 0.00 (0.00%)

Spread: 0.30 (25.00%)

Open: 1.50

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IN BRIEF: Kropz makes draw down request on bridge loan facilities

Fri, 18th Aug 2023 14:26

Kropz PLC - South Africa-focused phosphate producer and developer - Makes a fifth draw down request for ZAR60 million, around GBP2.5 million, from its bridge loan facilities with its major shareholder the ARC Fund. The ZAR285 million facility was agreed upon in March to meet immediate cash requirements at Kropz Elandsfontein Pty Ltd. The loan is now drawn in full.

Current stock price: 1.96 pence

12-month change: down 62%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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IN BRIEF: Kropz makes draw down request on bridge loan facilities

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