Receipt of Exchange Control Approval
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your KRPZ notes
Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that it has received approval from the South African Reserve Bank ("Exchange Control Approval") in relation to the Restructuring, Fundraising and the issue of the Convertible Loan Notes as announced on 3 September 2024.
Consequently, as shareholder approval was obtained at the General Meeting ("GM") on 20 September 2024, the Restructuring, Fundraising and the issue of the Convertible Loan Notes is now wholly unconditional.
An application has been made for the 643,873,018 new Ordinary Shares ("New Ordinary Shares") pursuant to the Fundraising to be admitted to trading on AIM ("Admission") and a further announcement will be made in due course to confirm the commencement date and time of dealings in respect of the New Ordinary Shares.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.