Kibo Mining Plc Kibo Share Forfeiture (9912Q)
June 23 2015 - 10:00AM
UK Regulatory
TIDMKIBO
RNS Number : 9912Q
Kibo Mining Plc
23 June 2015
Kibo Mining Plc (Incorporated in Ireland)
(Registration Number: 451931)
(External registration number: 2011/007371/10)
Share code on the JSE Limited:KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
("Kibo" or "the Company")
Dated: 23 June 2015
Kibo Share Forfeiture
Kibo Mining Plc ("Kibo" or the "Company") (AIM:KIBO; JSE AltX:
KBO), the Tanzania focused mineral exploration and development
company announces in accordance with the terms of its Articles of
Association, that it has today declared 4,090,000 Ordinary Shares
("Forfeited Shares") issued to XCAP Nominees Limited
<Placings> (XCAP"), a subsidiary of Hume Capital Limited, on
the 3(rd) March 2015, forfeited. The Forfeited Shares remained
unpaid at the 22 June 2015 which was the final date advised to XCAP
for receipt of funds by Kibo for the Forfeited Shares. The
Forfeited Shares will now be placed in a Company treasury account
for disposal at a later date.
The table below shows the number of Kibo Shares issued and
outstanding prior to and after the share process.
Shares Issued Shares Forfeited Kibo Shares Issued
& Outstanding & Outstanding
Prior to Share after Share Forfeiture
Forfeiture
---------------- ----------------- ------------------------
324,808,757 (and
4,090,000 ordinary
shares held in
Kibo treasury
328,898,757 4,090,000 account)
---------------- ----------------- ------------------------
An application has been made for the Forfeited Shares to be
delisted from AIM and the JSE and this is expected to take place on
23 June 2015
Contacts
Louis Coetzee +27 (0) 83 Kibo Mining Chief Executive
2606126 plc Officer
------------------ ------------ ---------------- -------------------
Andreas Lianos +27 (0) 83 River Group Corporate Adviser
4408365 and Designated
Adviser on JSE
------------------ ------------ ---------------- -------------------
Jon Belliss +44 (0) 207 Beaufort Broker
382 8300 Securities
Limited
------------------ ------------ ---------------- -------------------
Oliver Morse +61 8 9480 RFC Ambrian Nominated Adviser
2500 Limited on AIM
------------------ ------------ ---------------- -------------------
Daniel Thöle +44 (0) 203 Bell Pottinger Investor and Media
Lucinda Alderson 772 2500 Relations
------------------ ------------ ---------------- -------------------
Johannesburg
23 June 2015
Corporate and Designated Adviser
River Group
This information is provided by RNS
The company news service from the London Stock Exchange
END
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