Business
Correction - Issue of Equity, Rights and Options
Correction - Issue of Equity, Rights and Options.
About this update from Kore Potash Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4075A\n Kore Potash PLC\n 01 June 2021\n \n \n \n \n 1 June 2021\n \n \n \n \n \n \n \n \n \n This is a correction to the announcement '\n \n \n Issue of Equity and Cancellation of Certain Performance Rights and Options'\n \n \n made on 1 June 2021. It corrects the Company's issued share capital total and total number of voting rights. All other content remains as previously published. \n \n \n \n \n \n \n \n \n \n Kore Potash Plc\n \n \n (\"Kore Potash\" or the \"Company\")\n \n \n Correction - Issue of Equity and Cancellation of Certain Performance Rights and Options\n \n \n Kore Potash plc advises that a total of 716,667 ordinary shares of US$0.001 each in the Company (\"New Ordinary Shares\") have today been issued to certain employees and ex-employees \n following the vesting of Performance Rights \n awarded under the Company's Employee Performance Incentive Plans (\"Performance Shares\"), of which 516,667 ordinary shares have been issued to Gavin Chamberlain, Chief Operating Officer.\n \n \n Application has been made for the admission of 716,667 New Ordinary Shares on AIM, the Johannesburg Stock Exchange and the Australian Securities Exchange with admission expected to take place on 4 June 2021.\n \n \n \n \n \n Following this issue, the Company's issued share capital consists of 3,372,540,367 ordinary shares. No shares are held in treasury. Accordingly, the total number of voting rights in the Company is 3,372,540,367.\n \n \n \n \n \n The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \n \n \n \n \n For ASX's purposes, these securities are issued under exception 9 of ASX Listing Rule 7.2.\n \n \n \n \n \n Cancellation of certain Performance Rights and Options\n \n \n \n \n \n Following the determination by the Company that the applicable vesting conditions within each category would not be achieved, a total of 4,199,999 Performance Rights and Unlisted Options previously issued have been cancelled as follows:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Number of Securities\n \n ...