Press releases 2022

  • Drawdown On New Convertible Equity Facility

    Kropz is pleased to confirm that today it has made its second draw down request under the new ZAR 550 million convertible equity facility from the Company’s largest shareholder, ARC Fund (“ZAR 550 Million Equity Facility”), as announced on 14 November 2022. | | 67.17 KB
  • Director and Management Changes, and Sales Update

    The Kropz Board has identified and is in the process of engaging with a potential candidate to take over the role of CEO and executive director of Kropz and its subsidiaries. | | 65.54 KB
  • Management Changes

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announces management changes at Kropz and Kropz Elandsfontein (Pty) Ltd (“Kropz Elandsfontein”). | | 65.75 KB
  • Draw down on new convertible equity facility

    Kropz confirms that today it has made its first draw down request under the new ZAR 550 million convertible equity facility from the Company’s largest shareholder, ARC Fund. | | 78.11 KB
  • Result of General Meeting

    Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that all the resolutions put to the General Meeting (“GM”) held earlier today, Wednesday 30 November 2022, were duly passed on a poll. A breakdown of proxy votes lodged prior to the GM and votes cast at the GM will be available shortly on the Company's website. | | 65.03 KB
  • Update on New Convertible Facility Agreement

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 14 November 2022 that it had entered into a new conditional convertible equity facility of up to ZAR 550 million (“ZAR 550 Million Equity Facility”), with ARC Fund, the Company's major shareholder, in order to progress the ramp-up of operations at the Company's Elandsfontein phosphate project in South... | | 66.59 KB
  • New Convertible Facility Agreement and General Meeting Notice

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announces it has entered into a new conditional convertible equity facility of up to ZAR 550 million (“New ZAR 550 Million Equity Facility”) (approximately US$ 31.6 million), with ARC Fund (“ARC”), the Company's major shareholder, in order to progress the ramp-up of operations at the Company’s Elandsfontein phosphate... | | 169.24 KB
  • Drawdown on Bridge Loan Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 30 September 2022 that it had entered into a new bridge loan facility of ZAR 126 million (the “September Loan”) with its major shareholder, the ARC Fund, to meet immediate cash requirements due to delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd. | | 122.12 KB
  • Elandsfontein update

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, provides an update on the delays in the ramp-up of operations at Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”), as announced on 9 August 2022, which reported delays to ore variability in the current mining area. | | 128.73 KB
  • Drawdown on Bridge Loan Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 30 September 2022 that it had entered into a new bridge loan facility of ZAR 126 million (the "September Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements due to delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd. | | 130.13 KB
  • Unaudited Half Year Results for the Six Months ended 30 June 2022

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  • Elandsfontein bridge loan facility

    Kropz Plc reports that as a result of the delays in the ramp-up of operations at Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”) that were announced 9 August 2022, there is an immediate funding requirement of ZAR 60.5 million (approximately US$3.4 million) for Elandsfontein. | | 128.21 KB
  • Drawdown on Bridge Loan Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 9 August 2022 that it had entered into a new bridge loan facility of ZAR 121.5 million (the “Loan”) with its major shareholder, the ARC Fund, to meet immediate cash requirements due to delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”). | | 120.3 KB
  • Directorate Change

    Kropz Plc announces that Machiel Reyneke is retiring as a non-executive director of the Company, with immediate effect. Mr Reyneke has represented the ARC Fund (“ARC”) on Kropz’s board of directors since 2018. The board also announces that Gerrit Duminy has been appointed to the board as a non-executive director, as ARC’s representative, with immediate effect. | | 176.51 KB
  • Drawdown on Bridge Loan Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 9 August 2022 that it had entered into a new bridge loan facility of ZAR 121.5 million (the "Loan") with its major shareholder, the ARC Fund, to meet immediate cash requirements due to further delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd ("Elandsfontein"). | | 121.3 KB
  • Elandsfontein phosphate project update, drawdown and bridge loan facility

    Kropz Plc reports further delays in the ramp-up of operations at Elandsfontein. The most recent delay has largely been driven by initial ore variability in the current mining area. | | 134.11 KB
  • Result of General Meeting

    Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that the resolution to approve the Company's Annual Report put to its General Meeting ("GM") held earlier today, Monday 25 July 2022, was duly passed on a show of hands. A breakdown of proxy votes lodged prior to the GM will be available shortly on the Company's website. | | 47.24 KB
  • Notice of Director Resignation, Mark Summers to step down at the end of 2022

    Kropz plc (AIM: KRPZ), an emerging African phosphate producer, announces that Mark Summers, Chief Executive Officer (“CEO”)  has decided to stand down as CEO and Executive Director of the Company at the end of 2022. | | 175.84 KB
  • Drawdown on Equity Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announced on 11 May 2022 that it had entered into a new conditional convertible equity facility of up to ZAR 177 million (“ZAR 177 Million Equity Facility”), with ARC Fund (“ARC”), the Company's major shareholder, in order to deliver the Company’s Elandsfontein phosphate project to first revenue. | | 120.94 KB
  • Result of AGM

    Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that all the resolutions put to its Annual General Meeting ("AGM") held earlier today, Thursday 30 June 2022, were duly passed on a show of hands. A breakdown of proxy votes lodged prior to the AGM will be available shortly on the Company's website. | | 118.13 KB
  • Notice of Annual General Meeting (RNS)

    Kropz Plc (AIM: KRPZ), an emerging African producer and developer of plant nutrient feed minerals, announces that it will hold its Annual General Meeting at the offices of Memery Crystal at 165 Fleet Street, London, EC4A 2DY on 30 June 2022 at 1:00pm. The full Notice of Annual General Meeting will be posted to shareholders today. | | 114.52 KB
  • Notice of Annual General Meeting 2022

    I enclose the formal notice of Kropz plc’s (“Kropz”) Annual General Meeting (“AGM Notice”) to be held on 30 June 2022 at 1:00 p.m. at the offices of Memery Crystal, 165 Fleet Street, London EC4A 2DY. | | 68.46 KB
  • Letter of availability (AGM)

    Please accept this letter as notification from Kropz plc (the “Company”) that the Notice of its 2022 Please accept this letter as notification from Kropz plc (the “Company”) that the Notice of its 2022 annual general meeting (the “AGM Notice”) has now been published on the Company’s website at ... | | 40.34 KB
  • Update on New Convertible Facility Agreement

    Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, announced on 11 May 2022 that it had entered into a new conditional convertible equity facility of up to ZAR 177 million (“ZAR 177 Million Equity Facility”), with ARC Fund (“ARC”), the Company's major shareholder, in order to deliver the Company’s Elandsfontein phosphate project to first revenue. | | 123.3 KB
  • Result of General Meeting

    Kropz plc (AIM: KRPZ), an emerging African phosphate producer, is pleased to announce that all the resolutions put to the General Meeting (“GM”) held earlier today, Monday 30 May 2022, were duly passed on a poll. A breakdown of proxy votes lodged prior to the GM and votes cast at the GM will be available shortly on the Company's website. | | 118.32 KB
  • New Convertible Facility Agreement and General Meeting Notice

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, announces it has entered into a new conditional convertible equity facility of up to ZAR 177 million (approximately US$11 million) (“ZAR 177 Million Equity Facility”), with the ARC Fund (“ARC”), the Company's major shareholder, to fund the Company’s Elandsfontein phosphate project to first revenues from bulk concentrate... | | 188.69 KB
  • Bridge Loan Facility Drawdown

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to confirm that, further to its announcement on 27 April 2022, the Company and the ARC Fund have completed the legal documentation in respect of the ZAR25 million bridge loan facility (the "Loan") and the Loan has been drawn down in full by the Company.

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  • Elandsfontein Phosphate Project Update and Bridge Loan Facility

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, reports that due to slower than expected progress in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd ("Elandsfontein"), production of sufficient phosphate rock concentrate for the first bulk sale will be achieved later in Q2 than originally expected. | | 138.04 KB
  • Operational Activities

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, reports that further to the announcement made on 18 March 2022, site visits with potential small local buyers of phosphate rock concentrate ("Concentrate") from its Elandsfontein operation in South Africa are underway. | | 112.88 KB
  • Total Voting Rights

    In compliance with the FCA's Disclosure Guidance and Transparency Rules (the "Rules"), the Company announces that, as at the date of this announcement, it has in issue 923,718,223 ordinary shares with voting rights. | | 114.95 KB
  • First production from Elandsfontein

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to announce first production of phosphate rock concentrate (“Concentrate”), from its Elandsfontein operation in South Africa. | | 163.07 KB
  • Convertible Equity Facility Draw Downs

    Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to confirmKropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to confirmthat it has made its third draw down request under the conditional convertible equity facility of up toZAR 200 million (“ZAR Equity Facility”), with its major shareholder, the ARC Fund... | | 140.43 KB
  • Equity Facility Draw Down

    Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, is pleased to confirm that it has made a further quarterly draw down request under one of the equity facilities with its major shareholder, the ARC Fund (“ARC”). The Company had/has three equity facilities with ARC: | | 128.16 KB
  • Total Voting Rights

    In compliance with the FCA's Disclosure Guidance and Transparency Rules (the "Rules"), the Company announces that, as at the date of this announcement, it has in issue 916,271,975 ordinary shares with voting rights. | | 115.49 KB
  • Long Term Incentive Plan Awards

    Kropz Plc (AIM: KRPZ), an emerging African phosphate developer, is pleased to announce that the Company has issued ordinary shares in the Company to key members of the executive management team, including certain Persons Discharging Managerial Responsibilities ("PDMRs"), including Chief Executive Officer Mark Summers and Chief Operating Officer Michelle Lawrence. The issue of ordinary shares are... | | 157.84 KB