TIDMKIBO

RNS Number : 8406A

Kibo Energy PLC

26 May 2023

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: 26 May 2023

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

Kibo Warrant Exercise

TVR

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, announces that further to its RNS/SENS announcement of 4 May 2023, 48,000,000 shares of the 116,250,00 it had deferred from being issued and admitted to AIM have now been allotted following receipt of warrant exercise funds in respect of a warrant exercise notice already received. The warrant exercise notice relates to exercise of 48,000,000 Kibo warrants for which 48,000,000 ordinary Kibo shares of EUR0.001 at a price of GBP0.001 (0.1p) will now be issued (the "Warrant Shares"). Total warrant exercise funds in respect of this warrant exercise received by the Company are GBP48,000.

Total Voting Rights

Application will be made for the Warrant Shares to be admitted to trading on AIM and the JSE AltX markets. Trading in the Warrant Shares is expected to commence on AIM and the JSE on or around 2 June 2023 ('Admission'). Following Admission, the Company will have 3,779,866,683 shares in issue and the foregoing gure 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 and is announced in accordance with the Company's obligations under Article 17 of the specified Regulation.

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

 
 Louis Coetzee     info@kibo.energy                Kibo Energy PLC          Chief Executive 
                                                                             Officer 
 James Biddle      +44 207 628 3396                Beaumont Cornish         Nominated Adviser 
  Roland Cornish                                    Limited 
                  ------------------------------  -----------------------  ---------------------- 
 Claire Noyce      +44 20 3764 2341                Hybridan LLP             Joint Broker 
                  ------------------------------  -----------------------  ---------------------- 
 Damon Heath       +44 207 186 9952                Shard Capital Partners   Joint Broker 
                                                    LLP 
                  ------------------------------  -----------------------  ---------------------- 
 Zainab Slemang    zainab@lifacommunications.com   Lifa Communications      Investor and Media 
  van Rijmenant                                                              Relations Consultant 
                  ------------------------------  -----------------------  ---------------------- 
 

Johannesburg

26 May 2023

Corporate and Designated Adviser

River Group

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END

MSCUNRARONUVUAR

(END) Dow Jones Newswires

May 26, 2023 07:15 ET (11:15 GMT)

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