Kropz PLC Management Update (4909A)
September 30 2020 - 1:00AM
UK Regulatory
TIDMKRPZ
RNS Number : 4909A
Kropz PLC
30 September 2020
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30 September 2020
Kropz Plc
("Kropz" or the "Company")
Management Update
Kropz plc (AIM: KRPZ) an emerging African phosphate explorer and
developer, provides an update on its management team.
Mr Jan Steenkamp has resigned as Managing Director of Kropz
Elandsfontein (Pty) Ltd ("Kropz Elandsfontein"), effective today.
He will, however, remain on the board of Kropz Elandsfontein as a
non-executive director. Mr Steenkamp will also remain in a
technical advisory capacity for the on-going development of the
Company's projects, namely the Elandsfontein phosphate project
located in South Africa and the Hinda phosphate project located in
the Republic of Congo. Mr Steenkamp's executive responsibilities
will be assumed by the Company's Chief Operations Officer, Michelle
Lawrence.
In addition, Kropz is pleased to announce the appointment of Mr
Louis Swart as the Company's Financial Manager with effect from 1
October 2020. Mr Swart previously served as the Chief Financial
Officer of Richland Resources Limited, and financial manager for
TanzaniteOne and Simmer & Jack Mines Limited. Mr Swart holds a
Bachelor of Commerce degree from the University of Pretoria and an
Honours degree in Commerce (Accounting) from the University of
South Africa. He is a Chartered Accountant and a member of the
South African Institute of Chartered Accountants and Institute of
Chartered Accountants Australia.
Mark Summers, Chief Executive Officer of Kropz commented: "The
Board and I would like to sincerely thank Jan for his significant
contributions to Kropz Elandsfontein over the past two years. We
are delighted that he will remain on the board as a non-executive
director and look forward to his counsel in an advisory capacity as
we continue to advance the Elandsfontein and Hinda projects. We
would also like to welcome Louis to our team."
For further information visit www.kropz.com or contact:
Kropz Plc
Mark Summers (CEO) +27 (0)79744 8708
Grant Thornton UK LLP Nominated Adviser
Samantha Harrison
Niall McDonald +44 (0) 20 7383 5100
Hannam & Partners Joint Broker
Andrew Chubb
Ernest Bell +44 (0)20 7907 8500
Tavistock Financial PR & IR (UK)
Emily Moss +44 (0) 207 920 3150
Jos Simson kropz@tavistock.co.uk
Oliver Lamb
R&A Strategic Communications PR (South Africa)
James Duncan +27 (0)11 880 3924
james@rasc.co.za
About Kropz Plc
Kropz is an emerging African phosphate explorer and developer,
with an advanced stage phosphate project in South Africa and a
phosphate project in the Republic of Congo. The vision of the Group
is to become a leading independent phosphate rock producer and to
develop into an integrated, mine-to-market plant nutrient company
focusing on sub-Saharan Africa.
-ENDS-
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