TIDMKIBO

RNS Number : 8414N

Kibo Energy PLC

25 January 2023

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")

25 January 2023

Kibo Energy PLC ('Kibo' or the 'Company')

Issue of Shares in lieu of Payment to Service Provider

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development company, announces the issue of 14,025,314 ordinary shares at 0.14 pence per share, of par value EUR0.001 each (the "Settlement Shares") to a service provider in payment of an outstanding invoice for value of GBP19,635.44

Total Voting Rights

Application will be made for the Settlement Shares to be admitted to trading on AIM and the JSE AltX markets. Trading in the Subscription Shares is expected to commence on AIM and the JSE on or around 1 February 2023 ('Admission'). Following Admission, the Company will have 3,053,222,772 shares in issue and this figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

**ENDS**

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

For further information please visit www.kibo.energy or contact:

 
Louis Coetzee    info@kibo.energy               Kibo Energy PLC         Chief Executive Officer 
Andreas Lianos   +357 99 53 1107                River Group             JSE Corporate and Designated 
                                                                         Adviser 
                 -----------------------------  ----------------------  ---------------------------- 
Claire Noyce     +44 (0) 20 3764 2341           Hybridan LLP            Joint Broker 
                 -----------------------------  ----------------------  ---------------------------- 
Damon Heath      +44 207 186 9952               Shard Capital Partners  Joint Broker 
                                                 LLP 
                 -----------------------------  ----------------------  ---------------------------- 
James Biddle     +44 (0) 207 628 3396           Beaumont Cornish        Nominated Adviser 
 Roland Cornish 
                 -----------------------------  ----------------------  ---------------------------- 
Zainab Slemang   zainab@lifacommunications.com  Lifa Communications     Investor and Media Relations 
 van Rijmenant                                                           Adviser 
---------------  -----------------------------  ----------------------  ----------------------------

Johannesburg

25 January 2023

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

TVREAEFSASXDEFA

(END) Dow Jones Newswires

January 25, 2023 06:07 ET (11:07 GMT)

Kibo Energy (LSE:KIBO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Kibo Energy Charts.
Kibo Energy (LSE:KIBO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Kibo Energy Charts.