Kibo Energy PLC (Incorporated in Ireland)
(Registration Number: 451931)
(External registration number: 2011/007371/10)
LEI Code:
635400WTCRIZB6TVGZ23
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
('Kibo' or 'the Company')
Dated: 7 January 2025
Kibo Energy PLC ('Kibo' or the 'Company')
Application for Admission of
Shares to AIM & TVR
Kibo Energy PLC (AIM: KIBO; AltX:
KBO), the renewable energy-focused development company, announces
that it has made an application to AIM for the admission of
10,354,250,000 new shares to AIM (the "Allotment Shares") which
were previously announced as having been issued and allotted by the
Company on its RNS announcements of 27 June 2024, 5 July 2024 and 5
August 2024. Application for admission to AIM of the
Allotment Shares follows the resumption of the Company's trading on
AIM.
The Allotment Shares comprise the
Tranche 1 Placing Shares issued to Peter Williams and announced on
27 June 2024 and 5 July 2024, along with the Peter Williams Tranche
2 Placing Shares, Conversion Shares and Deferred Warrant Shares
announced on 5 August 2024.
Total Voting Rights:
The admission of the Allotment
Shares, which rank pari
passu with all existing ordinary shares, will be on,
or around 13 January 2025. Following admission of
the Allotment Shares, the Company's total issued share capital
consists of 14,715,197,764 ordinary shares of EUR0.0001 each. This
figure may then be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company pursuant to the FCA's
Disclosure Guidance and Transparency Rules.
Table 1 below which is taken from
the Company's RNS announcement of 5 August 2024 shows the Director
Holdings before and after the issue of the Allotment Shares and
these positions will remain the same following the admission of the
Allotment Shares.
|
|
Before
Issue of Allotment Shares
|
After
Issue of Allotment Shares
|
|
Director
Name
|
Number of
Kibo shares held
|
Number of
Kibo Options and Warrants held
|
Shares
held as % of current issued share capital (6,146,662,050
shares)
|
Number of
Kibo shares held
|
Number of
Kibo Options and Warrants held
|
Shares
held as % of enlarged issued share capital (14,715,197,764)
shares)
|
|
Cobus van der Merwe & Related
Parties
|
0
|
Options:
None
Warrants:
None
|
0%
|
88,642,857
|
Options:
None
Warrants:
None
|
0.60%
|
|
Noel O'Keeffe & Related
Parties
|
57,234,904
|
Options:
None
Warrants:
39,816,997
|
0.93%
|
57,234,904
|
Options:
None
Warrants:
39,816,997
|
0.39%
|
|
Clive Roberts & Related
Parties
|
185,638,590
|
Options:
None
Warrants:
78,000,000
|
3.02%
|
1,805,733,828
|
Options:
None
Warrants:
1,698,095,238
|
12.27%
|
Table 1: Kibo Director & Related
Parties' Holdings.
Furthermore, the Company is aware of
the following Significant Shareholders shown in Table 2
below.
|
Name
|
No
of Kibo Shares Held
|
%
of enlarged Kibo Issued Share
Capital
|
|
Peter Williams
|
4,166,666,667
|
28.32
|
|
Tsitato Trading Limited (Louis Coetzee related party).
|
3,118,960,332
|
21.20
|
|
Mzuri Exploration Services Limited
|
523,154,762
|
3.56
|
|
Sanderson Capital Partners Ltd
|
521,344,231
|
3.54
|
|
RiverFort Global Opportunities PCC Limited
|
477,750,000
|
3.25
|
Table 2: Kibo Significant
Shareholders.
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no.
596/2014.
**ENDS**
For further information please visit
www.kibo.energy or
contact:
|
Cobus van der Merwe
|
info@kibo.energy
|
Kibo Energy PLC
|
Chief Executive Officer
|
|
James Biddle
Roland Cornish
|
+44 207 628 3396
|
Beaumont Cornish Limited
|
Nominated Adviser
|
|
Claire Noyce
|
+44 20 3764 2341
|
Hybridan LLP
|
Joint Broker
|
|
James Sheehan
|
+44 20 7048
9400
|
Global Investment Strategy UK
Limited
|
Joint Broker
|
Beaumont Cornish Limited ('Beaumont Cornish') is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
Johannesburg
7 January 2025
Corporate and Designated Adviser
River Group
