To view the PDF file, sign up for a MySharenet subscription.

KIBO ENERGY PLC - Kibo Subsidiary Announces TR-1 Notification of Major Shareholdings

Release Date: 09/05/2024 11:45
Code(s): KBO     PDF:  
Wrap Text
Kibo Subsidiary Announces TR-1 Notification of Major Shareholdings

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: 9 May 2024

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

           Kibo Subsidiary Announces TR-1 Notification of Major Shareholdings

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company,
announces a TR-1 Notification by its subsidiary Mast Energy Developments PLC ('MED'), a UK-
based multi-asset owner, developer and operator in the rapidly growing flexible power market.

Further details can be found in the full MED announcement, which is available below and at
med.energy:

                                    –––––––––––––––––––––––––

Dated: 9 May 2024

                TR-1: Standard form for notification of major holdings

  1.  Issuer Details
   ISIN                  GB00BMBSCV12

   Issuer Name
         MAST ENERGY DEVELOPMENTS PLC


   UK or Non-UK Issuer
         UK


  2. Reason for Notification
         An acquisition or disposal of voting rights


  3.   Details of person subject to the notification obligation   Name
         Charlemont Capital Investments SARL
   City of registered office (if applicable)
         Howald


   Country of registered office (if applicable)
         Luxembourg
4. Details of the shareholder

  Name                           City of registered       Country of registered
                                 office                   office
   Aurora Nominees Ltd            London                   United Kingdom

5. Date on which the threshold was crossed or reached
       07-May-2024


6. Date on which Issuer notified
       08-May-2024

     7. Total positions of person(s) subject to the notification obligation


                                       % of voting
                      % of voting      rights             Total of       Total number
                      rights           through            both in %      of voting
                      attached to      financial          (8.A + 8.B)    rights held in
                      shares (total    instruments                       issuer
                      of 8.A)          (total of 8.B 1
                                       + 8.B 2)
  Resulting
  situation on the
  date on which
                       3.031000         0.000000           3.031000       8,000,000
  threshold was
  crossed or
  reached

  Position of
  previous
  notification (if
  applicable)

     8. Notified details of the resulting situation on the date on which the threshold was
     crossed or reached
     8A. Voting rights attached to shares


Class/Type of Number of           Number of           % of              %        of
shares ISIN       direct voting   indirect            direct            indirect
code(if possible) rights (DTR5.1) voting              voting            voting
                                  rights              rights            rights
                                  (DTR5.2.1)          (DTR5.1)          (DTR5.2.1
                                                                        )
GB00BMBSCV           8,000,000         0                 3.031000        0.000000
12
Sub Total 8.A        8,0000,00                           3.031000%
     8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

                                            Number of voting                         % of
Type of           Expirati Exercise/convers rights that may be                       votin
financial         on date ion period        acquired if the                          g
instrument                                  instrument is                            right
                                            exercised/converted                      s
Sub Total 8.B1
     8B2. Financial Instruments with similar economic effect according to
     (DTR5.3.1R.(1) (b))

Type of    Expirati       Exercise/convers        Physical or      Number          % of
financial on date         ion period              cash             of voting       votin
instrument                                        settlement       rights          g
                                                                                   right
                                                                                   s
Sub Total
8.B2
     9. Information in relation to the person subject to the notification obligation

     1. Person subject to the notification obligation is not controlled by any natural person or
     legal entity and does not control any other undertaking(s) holding directly or indirectly
     an interest in the (underlying) issuer.



                                 % of voting        % of voting rights      Total of both
Ultimate          Name of        rights if it       through financial       if it equals or
controlling       controlled     equals or is       instruments if it       is higher than
person            undertaki      higher than        equals or is higher     the notifiable
                  ng             the notifiable     than the notifiable     threshold
                                 threshold          threshold
     10. In case of proxy voting

 Name of the proxy holder



 The number and % of voting rights held



 The date until which the voting rights will be held
11. Additional Information




12. Date of Completion
           08-May-2024


  13. Place Of Completion
           Luxembourg

                                               ENDS

This announcement contains inside information for the purposes of the UK version of the Market
Abuse Regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018 ('UK MAR'). Upon the publication of this announcement,
this inside information is now considered to be in the public domain.

For further information please visit www.med.energy or contact:
 Pieter Krügel       Info@med.energy       Mast Energy Developments PLC      CEO
 Jon Belliss         +44 (0)20 7399 9425   Novum Securities                  Corporate Broker


                                   _________________________

                                             **ENDS**

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 Limited         Nominated Adviser
 Roland Cornish
 Claire Noyce      +44 20 3764 2341         Hybridan LLP                     Joint Broker
 Damon Heath       +44 207 186 9952         Shard Capital Partners LLP       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
9 May 2024
Corporate and Designated Adviser
River Group

Date: 09-05-2024 11:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.