20 Jun 2023 13:00
20 June 2023
Kore Potash Plc
("Kore Potash" or the "Company")
Result of AGM
Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2), the potash development company with 97%-ownership of the Kola Potash Project ("Kola" or the "Kola Project") and Dougou Extension ("DX") Potash Project in the Sintoukola Basin, located in the Republic of Congo ("RoC"), is pleased to announce that the resolutions put to its Annual General Meeting ("AGM") held earlier today, Tuesday 20 June 2023, were all duly passed on a poll by the requisite majority.
The following statistics, as detailed in Annexure A below, are provided in respect of each resolution proposed at the meeting.
or further information, please visit www.korepotash.com or contact:
Kore Potash Brad Sampson, CEO
| Tel: +27 84 603 6238 |
Tavistock Communications Emily Moss Adam Baynes
| Tel: +44 (0) 20 7920 3150 |
SP Angel Corporate Finance - Nomad and Broker Ewan Leggat Charlie Bouverat
| Tel: +44 (0) 20 7470 0470 |
Shore Capital - Joint Broker Toby Gibbs James Thomas
| Tel: +44 (0) 20 7408 4050 |
Questco Corporate Advisory - JSE Sponsor Doné Hattingh
| Tel: +27 (11) 011 9205 |
ANNEXURE A:
In respect of each resolution the total number of votes exercisable by all validly appointed proxies was as follows:
RESOLUTION | TOTAL VOTES VALIDLY CAST |
FOR |
DISCRETION |
AGAINST | VOTES WITHHELD |
Resolution 1 - Receive the 2022 Annual Report | 1,079,558,670 | 1,079,558,670 | 0 | 0 | 243,500 |
Resolution 2 - Approval of Remuneration Report | 1,079,326,170 | 1,079,035,170 | 0 | 291,000 | 476,000 |
Resolution 3 - Appointment of Auditors | 1,079,562,170 | 1,079,462,170 | 0 | 100,000 | 240,000 |
Resolution 4 - Authorise directors to determine the remuneration of BDO LLP as the Company's auditors | 1,079,556,743 | 1,078,938,776 | 0 | 617,967 | 245,427 |
Resolution 5 - Re-appointment of David Hathorn as a Director | 1,079,560,970 | 1,079,064,503 | 0 | 496,467 | 241,200 |
Resolution 6 - Re-appointment of Brad Sampson as a Director | 1,079,560,970 | 1,079,080,503 | 0 | 480,467 | 241,200 |
Resolution 7 - Re-appointment of Jonathan Trollip as a Director | 1,079,560,970 | 1,078,964,503 | 0 | 596,467 | 241,200 |
Resolution 8 - Re-appointment David Netherway as a Director | 1,079,560,970 | 1,079,448,273 | 0 | 112,697 | 241,200 |
Resolution 9 - Authority to allot share | 1,079,218,026 | 1,078,286,545 | 0 | 931,481 | 584,144 |
Resolution 10 Disapplication of pre-emption rights | 1,079,018,249 | 1,021,065,982 | 0 | 57,952,267 | 783,921 |
Kore Potash (KP2)