REG - Kibo Energy PLC - 2024 Audited Accounts Publication Date

Kibo EnergyAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250502:nRSB8949Ga&default-theme=true

RNS Number : 8949G  Kibo Energy PLC  02 May 2025

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')

 

02 May 2025

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

2024 Audited Accounts Publication Date

 

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), announces that its Financial Statements to 31 December 2024 (the "2024 Accounts") are unlikely to be published by 30 June 2025 as required by the AIM Rules.

 

As advised on its previous RNS of 14 April 2025, the Company is at an advanced stage in its assessment of potential projects that it is considering for acquisition under a Reverse Takeover Transaction ("RTO"). Following a project acquisition being agreed, the Company intends to access further funds under its loan facility with Aria Capital Management Limited (announced on 3 December 2024) which will, inter alia, enable audit preparation to commence in time to permit completion and publication of the 2024 Accounts.

 

The Company will keep the market updated with progress on its project
acquisition initiatives and on any further updates to its estimated 2024
Accounts publication date.

 

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 (http://www.kibo.energy/)
or contact:

 

 Cobus van der Merwe  info@kibo.energy (mailto:info@kibo.energy)  Kibo Energy PLC                        Chief Executive Officer
 James Biddle         +44 207 628 3396                            Beaumont Cornish Limited               Nominated Adviser

 Roland Cornish
 James Sheehan        +44 20 7048 9400                            Global Investment Strategy UK Limited  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

02 May 2025

Corporate and Designated Adviser

River Group

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOAFLFLESLIIVIE