ECA Approval and Admission Date of Shares

Summary by AI ^BETAClose X

Kropz plc has received Exchange Control Approval from the South African Reserve Bank, making its fundraising wholly unconditional. The company has applied for 79,776,625 new Ordinary Shares to be admitted to trading on AIM, with dealings expected to commence around 8:00 a.m. on 6 May 2026. Following this admission, Kropz's issued share capital will increase to 1,647,367,866 Ordinary Shares, which will serve as the denominator for shareholders calculating their notification requirements under FCA rules.

Disclaimer*

Kropz PLC

30 April 2026

Kropz plc

("Kropz" or the "Company")

Receipt of Exchange Control Approval,

Admission Date of New Ordinary Shares

and

Total Voting Rights

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 Fundraising and Amendment to Loan Terms as announced on 25 February 2026.

Consequently, the Fundraising is now wholly unconditional.

An application has been made for the 79,776,625 new Ordinary Shares ("New Ordinary Shares") pursuant to the Fundraising to be admitted to trading on AIM ("Admission"). Dealings in respect of the New Ordinary Shares are expected to commence on or around 8.00 a.m. on 6 May 2026.

Following Admission, the Company's issued share capital will be 1,647,367,866 Ordinary Shares. This figure of 1,647,367,866 may then 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 FCA's Disclosure Guidance and Transparency Rules.

For further information visit www.kropz.com or contact:

Kropz Plc	Via Tavistock
Louis Loubser (CEO)	+44 (0) 207 920 3150

Grant Thornton UK LLP	Nominated Adviser
Samantha Harrison Harrison Clarke Ciara Donnelly	+44 (0) 20 7383 5100

Hannam & Partners	Broker
Andrew Chubb	+44 (0) 20 7907 8500

Tavistock	Financial PR & IR (UK)
Nick Elwes Jos Simson	+44 (0) 207 920 3150 kropz@tavistock.co.uk

R&A Strategic Communications	PR (South Africa)
Charmane Russell Marion Brower	+27 (0) 11 880 3924 charmane@rasc.co.za  marion@rasc.co.za

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