Last checked at 2 Aug 2018 07:00
2 August 2018
Kore Potash Plc
("Kore Potash" or the "Company")
Director Interest Notices
Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2), the potash exploration and development company whose flagship asset is the Company's 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), located within the Republic of Congo, today released the following announcement on the Australian Securities Exchange ("ASX"), as required under the listing rules of the ASX.
For further information, please visit www.korepotash.com or contact:
Kore Potash Brad Sampson
| Tel: +27 11 469 9140
| |
Tavistock Communications Jos Simson Edward Lee
| Tel: +44 (0) 20 7920 3150
| |
Canaccord Genuity - Nomad and Broker Martin Davison James Asensio | Tel: +44 (0) 20 7523 4600
| |
ENDS
Market Announcements Office
Australian Securities Exchange
Level 40, Central Park
152-158 St Georges Terrace
PERTH WA 6000
Dear Sir/ Madam,
Kore Potash - Director Interest Notices
The Company notes the resignations of Messrs Pablo Altimiras (23 May 2018) and Sean Bennett (4 June 2018) as well as the appointments of Messrs Jose Antonio Merino (23 May 2018) and Brad Sampson (4 June 2018), as previously advised to the market on 23 May 2018 and 30 May 2018.
Included is a copy of a change in director's interest notice for Mr Bennett reflecting the redemption of his redeemable preference shares, the conversion of certain Chess Depository Interests ("CDI's") equivalents to issued capital (listed on the ASX) to fully paid ordinary shares (listed on AIM) and the cancellation of certain performance rights held by Mr Bennett following his resignation on 4 June 2018. Further included is copies of the Final Directors Interest Notices and Initial Director Interest Notices for the aforementioned Directors.
The Company notes the lodgement of these notices is outside the time prescribed by the ASX listing rules. The late lodgement was due to an administrative oversight.
The Company, and each of the Directors affected, is aware of the requirements under ASX Listing Rules 3.19A and 3.19B. The administrative oversight has not affected the Company's current arrangement for ensuring timely notification in accordance with the listing rules.
Yours sincerely,
Henko Vos
Joint Company Secretary
Rule 3.19A.3
Appendix 3Z
Final Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity Kore Potash PLC (ASX: KP2) |
ARBN 621 843 614 |
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of director | Pablo Andres Altimiras |
| Date of last notice | 17 November 2017 |
Date that director ceased to be director | 23 May 2018 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Number & class of securities
Nil
|
Part 2 - Director's relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest
Nil
| Number & class of securities
|
Part 3 - Director's interests in contracts
Detail of contract | N/A |
Nature of interest
| N/A |
Name of registered holder (if issued securities)
| N/A |
No. and class of securities to which interest relates
| N/A |
Rule 3.19A.1
Appendix 3X
Initial Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity Kore Potash PLC (ASX: KP2) |
ARBN 621 843 614 |
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | José Antonio Merino |
Date of appointment | 23 May 2018 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Number & class of securities
Nil
|
Part 2 - Director's relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.
Nil
| Number & class of Securities
Nil
|
Part 3 - Director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract | N/A |
Nature of interest
| N/A |
Name of registered holder (if issued securities)
| N/A |
No. and class of securities to which interest relates
| N/A |
Rule 3.19A.2
Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of Entity | Kore Potash PLC (ASX: KP2) |
ARBN | 621 843 614 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Sean Douglas Bennett |
Date of Last Notice | 22 December 2017 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest | (i) Direct (ii) Direct (iii) Direct |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
| Nicola Bennett (Spouse) Lawrence Bennett (Child) Grace Bennett (Child) Myles Bennett (Child) |
Date of change | (i) 14 March 2018 (ii) 23 March 2018 (iii) 4 June 2018 |
No. of securities held prior to change
CDI equivalents of issued ordinary shares 1,438,725 CDI equivalents of issued ordinary shares 781,875 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares
Unlisted Options 100,000 Unlisted Options exercisable at AUD 0.30 each expiring 15 November 2019
Performance Rights 7,566,250 Performance Rights
Redeemable Preference Shares 25,000 Redeemable Preference Shares in Kore Potash PLC (ASX : KP2)
| Held in the name of
Direct Nicola Bennett Lawrence Bennett Grace Bennett Myles Bennett Direct
Direct
Direct |
Class | (i) Fully Paid Ordinary Shares / CDI equivalent of issued ordinary shares (ii) Redeemable Preference Shares (iii) Performance Rights
|
Number acquired | (i) 1 Fully Paid Ordinary Share (ii) Nil (iii) Nil
|
Number disposed | (i) 1 CDI equivalent of issued ordinary shares (ii) 25,000 (redeemed); (iii) 1,025,000
|
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation
| (i) Nil (ii) Nil (iii) Nil |
No. of securities held after change Fully paid ordinary shares 1
CDI equivalents of issued ordinary shares 1,438,724 CDI equivalents of issued ordinary shares 781,875 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares
Unlisted Options 100,000 Unlisted Options exercisable at AUD 0.30 each expiring 15 November 2019
Performance Rights 6,541,250 Performance Rights
| Held in the name of
Direct
Direct Nicola Bennett Lawrence Bennett Grace Bennett Myles Bennett
Direct
Direct
|
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | (i) Conversion of CDI equivalents of issued ordinary shares (ASX) to fully paid ordinary shares (UK) (ii) Redemption of Redeemable Preference Shares (iii) Cancellation of Performance Rights on resignation |
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract | N/A |
Nature of interest | N/A |
Name of registered holder (if issued securities) | N/A |
Date of change | N/A |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed | N/A |
Interest acquired | N/A |
Interest disposed | N/A |
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation | N/A |
Interest after change | N/A |
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No |
If so, was prior written clearance provided to allow the trade to proceed during this period? | N/A |
If prior written clearance was provided, on what date was this provided? | N/A |
Rule 3.19A.3
Appendix 3Z
Final Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity Kore Potash PLC |
ARBN 621 843 614 |
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of director | Sean Douglas Bennett |
| Date of last notice | 1 August 2018 |
Date that director ceased to be director | 4 June 2018 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Number & class of securities
Fully paid ordinary shares 1
CDI equivalents of issued ordinary shares 1,438,724 CDI equivalents of issued ordinary shares
Unlisted Options 100,000 Unlisted Options exercisable at AUD 0.30 each expiring 15 November 2019 Performance Rights 6,541,250 Performance Rights
| Held in the name of
Direct
Direct
Direct Direct
|
Part 2 - Director's relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest
Nicola Bennett Lawrence Bennett Grace Bennett Myles Bennett | Number & class of securities
781,875 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares 10,000 CDI equivalents of issued ordinary shares
|
Part 3 - Director's interests in contracts
Detail of contract | N/A |
Nature of interest
| N/A |
Name of registered holder (if issued securities)
| N/A |
No. and class of securities to which interest relates
| N/A |
Rule 3.19A.1
Appendix 3X
Initial Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity Kore Potash PLC (ASX: KP2) |
ARBN 621 843 614 |
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Stuart Bradley Sampson |
Date of appointment | 4 June 2018 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Number & class of securities
Nil
|
Part 2 - Director's relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.
Nil
| Number & class of Securities
Nil
|
Part 3 - Director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract | N/A |
Nature of interest
| N/A |
Name of registered holder (if issued securities)
| N/A |
No. and class of securities to which interest relates
| N/A |