Last checked at 9 Jun 2022 12:30
9 June 2022
Kore Potash Plc
("Kore Potash" or "the Company")
Results of AGM
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), is pleased to announce that the resolutions put to its Annual General Meeting ("AGM") held earlier today, Thursday 9 June 2022, were all duly passed on a poll by the requisite majority.
The following statistics, as detailed in the attached Annexure A, are provided in respect of each resolution proposed at the meeting.
For further information, please visit www.korepotash.comor contact:
Kore Potash Brad Sampson - CEO | Tel: +27 84 603 6238 |
Tavistock Communications Jos Simson 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 2021 Annual Report | 1,311,391,707 | 1,309,647,428 | 1,382,499 | 361,780 | 104,225 |
Resolution 2 - Approval of Remuneration Report | 1,310,798,907 | 1,308,479,734 | 1,382,499 | 936,674 | 696,225 |
Resolution 3 - Appointment of Auditors | 1,311,044,897 | 1,309,662,398 | 1,382,499 | 0 | 451,035 |
Resolution 4 - Authorise directors to determine the remuneration of BDO LLP as the Company's auditors | 1,310,781,273 | 1,309,226,717 | 1,382,499 | 172,057 | 714,659 |
Resolution 5 - Re-appointment of David Hathorn as a Director | 1,310,603,583 | 1,309,084,027 | 1,382,499 | 137,057 | 892,349 |
Resolution 6 - Re-appointment of Brad Sampson as a Director | 1,310,561,583 | 1,309,042,027 | 1,382,499 | 137,057 | 904,349 |
Resolution 7 - Re-appointment of Jonathan Trollip as a Director | 1,310,591,583 | 1,309,072,027 | 1,382,499 | 137,057 | 904,349 |
Resolution 8 - Re-appointment David Netherway as a Director | 1,310,591,583 | 1,309,072,027 | 1,382,499 | 137,057 | 904,349 |
Resolution 9 - Re- appointment of Sameer Oundhakar as a Director | 1,310,591,583 | 1,309,072,027 | 1,382,499 | 137,057 | 904,349 |
Resolution 10 Appointment of Pablo Hernandez Mac-Donald as a Director | 1,310,589,083 | 1,309,068,727 | 1,382,499 | 137,857 | 906,849 |
Resolution 11 Approval to issue Options to David Hathorn | 1,310,674,672 | 1,307,999,242 | 1,382,499 | 1,292,931 | 806,260 |
Resolution 12 Approval to issue shares to SQM in lieu of fees payable under a Technical Services Agreement | 1,311,391,707 | 1,308,539,945 | 1,382,499 | 1,469,263 | 104,225 |
Resolution 13 - Authority to allot share | 1,311,150,164 | 1,308,434,130 | 1,382,499 | 1,333,535 | 345,768 |
Resolution 14 Disapplication of pre-emption rights | 1,310,656,672 | 1,242,901,629 | 1,382,499 | 66,372,544 | 839,260 |