Wrap Text
Kibo Subsidiary Announces AGM Results
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: 30 May 2024
Kibo Energy PLC ('Kibo' or the 'Company')
Kibo Subsidiary Announces AGM Results
Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company,
announces the results of the AGM held today of 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 RNS Announcement, which is available below and at
med.energy.
–––––––––––––––––––––––––
30 May 2024
Mast Energy Developments PLC
Results of Annual General Meeting
Mast Energy Developments PLC ("MED" or "the Company") the UK-based multi-asset operator in
the rapidly growing Reserve Power market, announces the results of voting at its Annual General
Meeting ("AGM") held today.
Proxies were received by shareholders holding 61.45% of the shares in MED (426,354,067 shares
issued and outstanding). All Resolutions were carried.
The proxy voting details at the AGM are shown on the table below:
Resolution # *Summary Resolution Votes cast For & Votes cast Votes
With Discretion Against Withheld
Number % Number % Number
1. To receive and adopt the
accounts and reports for the
financial year ended 31 261,871,936 99.96 113,885 0.04 0
December 2023.
2. To appoint Crowe UK LLP as
auditors of the Company and
0
to authorise the directors to 261,871,936 99.96 113,885 0.04
determine their remuneration
3. To re-elect Mr Dominic
Traynor as a Director of the 254,261,936 97.06 7,713,885 2.94 10,000
Company
4. THAT the Directors be, and
260,210,634 99.32 1,775,187 0.68 0
they are hereby generally and
Resolution # *Summary Resolution Votes cast For & Votes cast Votes
With Discretion Against Withheld
Number % Number % Number
unconditionally authorised to
exercise all powers of the
Company to allot relevant
securities
5. THAT the Directors be, and
they are hereby empowered
pursuant to Section 570 of the 260,200,634 99.32 1,785,187 0.68 0
Act to allot equity securities
* The full text of the Resolutions can be found on the Notice of AGM on the MED website at: https://med.energy/wp-
content/uploads/2022/04/MED-2024-Notice-of-AGM-Final.pdf
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
30 May 2024
Corporate and Designated Adviser
River Group
Date: 30-05-2024 03:00:00
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.
Sharenet Sites 
