Business
Notice of 2025 Annual General Meeting
Notice of 2025 Annual General Meeting.
About this update from Kore Potash Plc
[{"type":"text","content":"\n\n12 May 2025\nKore Potash plc\n(\"Kore Potash\" or \"the Company\")\n Notice of 2025 Annual General Meeting\nKore 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 advise that the Company will be holding its 2025 Annual General Meeting (\"AGM\" or the \"Meeting\") at 09.30 (UK time) on 11 June 2025 at 107 Cheapside, Second Floor, London EC2V 6DN.\nShareholders are reminded that as outlined in the announcements dated 21 March 2025 and 2 April 2025, David Hathorn's proposed US$0.5 million (£0.38 million) subscription to the recent fundraise via two separate trusts, the Belle Terre Trust and Stapleford Trust is tabled for approval by shareholders at the Meeting.\n \nSubject to receipt of shareholder approval, 11,322,464 new ordinary Shares of US$0.001 in the Company will be issued to the Belle Terre Trust and 11,322,464 new ordinary Shares of US$0.001 in the Company will be issued to the Stapleford Trust, resulting in 22,644,928 new ordinary shares being issued in aggregate.\n \nWe look forward to being able to welcome Shareholders in person to this year's Meeting. However, whilst Shareholders will be permitted to attend in person, in order to reduce travel costs, it is likely that a limited number of Directors, if any, will be present at the venue, although most will dial-in to the Meeting via an electronic audio webcast. The Company will therefore also offer Shareholders the option to participate in the Meeting remotely via the electronic audio webcast.\n \nWhilst Shareholders attending in person will be able to vote at the Meeting, those attending via the webcast will not be able to do so. Therefore, as in previous years the Board has decided that voting on the resolutions to be proposed at the Meeting will be decided by way of a poll as this means that every Shareholder present in person or by proxy will have one vote for every Share held. Accordingly, we would strongly encourage all Shareholders to vote electronically again this year and to appoint the Chairman of the Meeting as their proxy rather than a named person. All valid proxy votes, whether submitted electronical...