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Kore Potash Plc (ASX:KP2)

ALERT: Price-sensitive ASX Announcement for KP2
Current share price for KP2 : $0.072 0.018 (33.33%)+
Announcement
Release
30 Jun 2026 4:02PM
Price at Release
$0.054
Full Release
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Summary
Kore Potash Plc, during its AGM on 30 June 2026, provided an update on its Formal Sale Process (FSP). Initially, two parties showed interest in acquiring the company, but one party withdrew due to internal reasons. Subsequently, a new party expressed interest, resulting in two parties currently evaluating the acquisition. However, no firm offers have been made, and the Takeover Panel has allowed these parties to remain unidentified publicly while they participate in the process. The company assured shareholders of further announcements as the situation develops.
Key Points
  • Kore Potash Plc held its AGM on 30 June 2026.
  • The company announced an update on the Formal Sale Process (FSP).
  • Two parties are currently engaged in evaluating the possible acquisition of Kore Potash.
  • One initial interested party withdrew from the FSP due to internal reasons.
  • A new party joined the process to consider acquiring the company.
  • No party has made a firm intention to make an offer yet.
  • The Takeover Panel granted a dispensation allowing interested parties not to be publicly identified during the FSP.
  • Further announcements will be made as appropriate.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.