REG - Kibo Energy PLC - Director/PDMR Shareholding

Kibo EnergyAnnouncement

31/01/2024 11:00

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RNS Number : 5415B  Kibo Energy PLC  31 January 2024

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: 31 January 2024

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

 

PDMR Share Sale

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused
development company announces that Louis Scheepers, the Company's Chief
Operating Officer, and a Person Discharging Managerial Responsibility (PDMR)
under the Company's Share Dealing Policy Code has traded Kibo shares on
January 29, 2024 (the "Share Trade"). Mr. Scheepers has obtained consent from
the Company for the Share Trade and has notified the FCA in the prescribed
manner. The details of the Share Trade are shown on the table below. Following
the Share Trade Mr. Scheepers and Related Parties hold 10,234,404 Ordinary
Shares in the Company representing a 0.24% beneficial interest in the Company.

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

          Details of the person discharging managerial responsibilities/person closely

        associated
   1.
 a)       Name:                                     Louis Scheepers
    2.    Reason for the notification
 a)       Position/status:                          Chief Operating Officer -PDMR
 b)       Initial notification/Amendment:           Initial
   3.     Details of the issuer, emission allowance market participant, auction
          platform, auctioneer or auction monitor
 a)       Name:                                     Kibo Energy PLC
 b)       LEI:                                      635400WTCRIZB6TVGZ23
    4.    Details of the transaction(s): section to be repeated for (i) each type of
          instrument; (ii) each type of transaction; (iii) each date; and (iv) each
          place where transactions have been conducted
 a)       Description of the financial instrument,  Ordinary Shares of €0.0001 each

           type of instrument:                      IE00B97C0C31 / KIBO

          Identification code
 b)       Nature of the transaction:                Sale of Securities
 c)       Price(s) and volume(s):

Volumes         Price
                                                    48,637,857      £0.0004

 d)       Aggregated information:                   N/A

          *Aggregated volume:

          *Price:
 e)       Date of the transaction:                  29 /1/2024 (Settlement on 31/1/2024)
 f)       Place of the transaction:                 London Stock Exchange/AIM

d)

Aggregated information:

*Aggregated volume:

*Price:

N/A

e)

Date of the transaction:

29 /1/2024 (Settlement on 31/1/2024)

f)

Place of the transaction:

London Stock Exchange/AIM

 

**ENDS**

 

This announcement is made in accordance with the requirements of the Market
Abuse Regulations (EU) no. 596/2014 (part of UK law by virtue of the European
Union (Withdrawal) Act 2018) and AIM Rule 21.

 

For further information please visit www.kibo.energy (http://www.kibo.energy/)
or contact:

 

 Louis Coetzee                 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
 Claire Noyce                  +44 20 3764 2341                                                      Hybridan LLP                Joint Broker
 Damon Heath                   +44 207 186 9952                                                      Shard Capital Partners LLP  Joint Broker
 Zainab Slemang van Rijmenant  zainab@lifacommunications.com (mailto:zainab@lifacommunications.com)  Lifa Communications         Investor and Media Relations Consultant

 

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

31 January 2024

Corporate and Designated Adviser

River Group

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