TIDMKIBO

RNS Number : 2085D

Kibo Energy PLC

01 March 2022

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: 01 March 2022

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

Convertible Instrument Extension of Redemption Date

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development company wish to announce that further to the RNS dated 7 January 2022, the Company has agreed an extension of one month for the Redemption Date of the Convertible Instrument, with all but one of the Subscribers to the Notes (the "Extension"). The new extended Redemption Date will now be 1 April 2022. The Extension includes Notes in aggregate of GBP657,985, from the total amount of GBP672,824. The amount of GBP14,839 will be settled in cash, in accordance with the terms of the Convertible Instrument announced on 07 January 2022.

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:

 
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        Joint Broker 
                                                  Partners LLP 
                  -----------------------------  -------------------  ---------------------------- 
Bhavesh Patel     +44 20 3440 6800               RFC Ambrian Ltd      NOMAD on AIM 
 / Stephen 
 Allen 
                  -----------------------------  -------------------  ---------------------------- 
Sewela Makgolane  sewela@lifacommunications.com  Lifa Communications  Investor and Media Relations 
                                                                       Adviser 
----------------  -----------------------------  -------------------  ---------------------------- 
 

Johannesburg

01 March 2022

Corporate and Designated Adviser

River Group

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END

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(END) Dow Jones Newswires

March 01, 2022 07:00 ET (12:00 GMT)

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