Wrap Text
Application for Admission of Shares to AIM & Total Voting Rights
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 Number of Shares held as Number Number of Shares held as
Kibo shares Kibo Options % of current of Kibo Kibo Options % of enlarged
held and Warrants issued share shares and issued share
held capital held Warrants capital
(6,146,662,050 held (14,715,197,764
shares) ) shares)
Cobus van der 0 Options: None 0% 88,642,857 Options: None 0.60%
Merwe & Warrants: Warrants:
Related Parties None None
Noel O'Keeffe 57,234,904 Options: None 0.93% 57,234,904 Options: None 0.39%
& Related Warrants: Warrants:
Parties 39,816,997 39,816,997
Clive Roberts 185,638,590 Options: None 3.02% 1,805,733, Options: None 12.27%
& Related Warrants: 828 Warrants:
Parties 78,000,000 1,698,095,238
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 +44 207 628 3396 Beaumont Cornish Limited Nominated Adviser
Roland Cornish
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
Date: 07-01-2025 05:46:00
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