Shore Capital Sells 119,221 Shares of Kore Potash Plc

Written by Emily J. Thompson, Senior Investment Analyst

KORE.N+10.58%

Source: Globenewswire

Updated: 1 hour ago

0mins

Source: Globenewswire

Transaction Overview: On December 10, 2025, Shore Capital Stockbrokers Ltd sold 119,221 ordinary shares of Kore Potash Plc, with a highest price of £2.911857 and a lowest price of £2.9, indicating a demand for liquidity in the market for this stock.
Market Reaction: The price fluctuations from this transaction could impact Kore Potash's market performance, particularly as investor confidence in its future potential may be tested, potentially leading to short-term volatility in its stock price.
Compliance Disclosure: In accordance with Rule 8.5 of the Takeover Code, Shore Capital made the necessary trading disclosures, ensuring transparency and adherence to regulatory requirements, reflecting its compliance standing in the market.
Investor Relations: The disclosure of this transaction may attract market attention towards Kore Potash, especially in the context of potential acquisition or merger activities, which could influence investor decisions and market sentiment.

KORE.N

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Analyst Views on KORE

Wall Street analysts forecast KORE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KORE is 5.00 USD with a low forecast of 5.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Analyst Rating

1 Buy

1 Hold

0 Sell

Moderate Buy

Current: 4.160

Low

5.00

Averages

5.00

High

5.00

Current: 4.160

Low

5.00

Averages

5.00

High

5.00

TD Cowen

Hold

maintain

$3 -> $5

2025-11-13

Reason

TD Cowen

Price Target

$3 -> $5

2025-11-13

maintain

Hold

Reason

TD Cowen raised the firm's price target on Kore Group to $5 from $3 and keeps a Hold rating on the shares. The firm said 3Q results missed their estimates across the board. Management withdrew guidance, and so lowered its estimates to reflect softer-than-expected trends. Cowen noted Searchlight and Abry submitted a $5 take-private offer, and with insider alignment and fair CAAS-based multiples, they raise their target to the offer price.

Roth Capital

Buy

downgrade

$9 -> $5

2025-11-13

Reason

Roth Capital

Price Target

$9 -> $5

2025-11-13

downgrade

Buy

Reason

Roth Capital lowered the firm's price target on Kore Group to $5 from $9 and keeps a Buy rating on the shares post the Q3 report. The company has a non-binding $5.00 per share offer from Searchlight and Abry Partners that provides both support and a cap for the stock, the analyst tells investors in a research note. Roth believes the combination of the valuation and bidders "will likely translate to a consummation of the transaction." While possible, another bidder is unlikely, the firm contends.

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About KORE

KORE Group Holdings, Inc. is a global pure-play Internet of Things (IoT) hyperscaler and provider of IoT connectivity, solutions, and analytics. The Company is a global independent IoT enabler, delivering critical services globally to customers to deploy, manage, and scale their IoT application and use cases. It provides advanced connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. It provides connectivity and IoT solutions to enterprise customers across five industry verticals, comprising of connected health, fleet management, asset monitoring, retail communications services and industrial IoT. The Company has built a platform to serve its clients in three areas: connectivity-as-a-service (CaaS), IoT managed services/solutions, and analytics, which the Company refers to as CSA, or connectivity, solutions, and analytics.

About the author

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Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.