Kibo Energy PLC Result of Extraordinary General Meeting (9114P)
February 22 2021 - 7:30AM
UK Regulatory
TIDMKIBO
RNS Number : 9114P
Kibo Energy PLC
22 February 2021
Kibo Energy 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: 22 February 2021
Result of Extraordinary General Meeting
Dublin, Ireland, 22 February 2021 - Kibo Energy plc (LSE: KIBO,
Alt(x) KBO), the multi-asset, Africa & UK focused energy
company, announces that each of the resolutions proposed at the
Extraordinary General Meeting of the Company, held earlier today,
were passed.
The full text of each resolution was included in the Notice of
Extraordinary General Meeting of the Company, circulated to
shareholders on 29 January 2021. The resolutions relate to the
replacement of CREST with Euroclear Bank for electronic settlement
of trading in the ordinary shares of the Company.
Voting on the resolutions was conducted by poll, and the details
of the poll vote are set out below:
Votes % of ISC Votes
Votes for % Against % Votes Total Voted Withheld
Resolution
1: Shareholders
Consent to Migration 798,772,784 99.97 52,398 0.01 799,024,983 35.8 199,801
----------- ----- -------- ---- ----------- -------- ---------
Resolution
2: Approval
and Adoption
of New Articles
of Association
of the Company 798,816,284 99.97 8,898 0.00 799,024,983 35.8 199,801
----------- ----- -------- ---- ----------- -------- ---------
Resolution
3: to give effect
to aspects of
the Migration 798,816,284 99.97 8,898 0.00 799,024,983 35.8 199,801
----------- ----- -------- ---- ----------- -------- ---------
Notes
1. Any proxy appointments which gave discretion to the Chair
have been included in the "votes for" total.
2. A "Vote Withheld" is not a valid vote in Irish law and was
not counted in the calculation of the proportion of the votes "For"
or "Against" a resolution.
End
For further information please visit www.kibo.energy or
contact:
Louis Coetzee info@kibo.energy Kibo Energy Chief Executive Officer
PLC
Andreas Lianos +27 (0) 83 4408365 River Group Corporate and Designated
Adviser on JSE
------------------ ----------------------------
Claire Noyce +44 (0) 20 3764 2341 Hybridan LLP Broker
---------------------- ------------------ ----------------------------
Bhavesh Patel +44 20 3440 6800 RFC Ambrian NOMAD on AIM
/ Stephen Limited
Allen
---------------------- ------------------ ----------------------------
Isabel de +44 (0) 20 7236 1177 St Brides Partners Investor and Media Relations
Salis / Beth Ltd Adviser
Melluish
---------------------- ------------------ ----------------------------
Notes
Kibo Energy PLC is a multi-asset, Africa and UK focused, energy
company positioned to address the acute power deficit, which is one
of the primary impediments to economic development in Sub-Saharan
Africa. To this end, it is the Company's objective to become a
leading independent power producer in the region.
Kibo is simultaneously developing three similar coal-fuelled
power projects: the Mbeya Coal to Power Project ('MCPP') in
Tanzania; the Mabesekwa Coal Independent Power Project ('MCIPP') in
Botswana; and the Benga Independent Power Project ('BIPP') in
Mozambique. By developing these projects in parallel, the Company
intends to leverage considerable economies of scale and timing in
respect of strategic partnerships, procurement, equipment, human
capital, execution capability / capacity and project finance.
Johannesburg
22 February 2021
Corporate and Designated Adviser
River Group
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ROMFLFFFFVIFFIL
(END) Dow Jones Newswires
February 22, 2021 07:30 ET (12:30 GMT)
Kibo Energy (LSE:KIBO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kibo Energy (LSE:KIBO)
Historical Stock Chart
From Apr 2023 to Apr 2024