REG - Kibo Energy PLC - Notice of Extraordinary General Meeting (“EGM”)

Kibo EnergyAnnouncement

18/01/2024 07:00

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RNS Number : 0510A  Kibo Energy PLC  18 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

 

Dated: 18 January 2024

Kibo Energy PLC

Notice of Extraordinary General Meeting ("EGM")

 

Kibo Energy PLC ('Kibo' or the 'Company'), the renewable energy focused
development company, announces that a Notice of EGM & Sample Proxy Form
('Notice of EGM') is now available on the Company's website:
https://kibo.energy/wp-content/uploads/Notice-of-EGM-February-2024.pdf
(https://kibo.energy/wp-content/uploads/Notice-of-EGM-February-2024.pdf)

 

The EGM will be held at 12 noon on Friday, 9 February 2024, at the Grand Canal
Hotel, Grand Canal Street Upper, Dublin 4, D04 X5X7 , Ireland.

 

The Notice of EGM is being dispatched by post today to those shareholders who
have indicated a preference to receive hard copies.  Shareholders should
consult the notes to  the Notice of EGM for detailed information on the
options for returning proxies.

 

The directors and management are encouraging shareholders to approve all
resolutions on the Notice of EGM for which they and their Related Parties
comprising 8.16% of the issued share capital will be doing.

 

Shareholders should note that Resolutions 1, 2 & 3 on the Notice of EGM
are seeking shareholder approval to dis-apply pre-emption rights for share
issues until the Company's next AGM later in 2024  and to enable the Company
to update the Company's Articles & Memorandum of Association with the
Companies Registration Office in Ireland following a reduction in par value of
the Company's shares and   an increase in the authorised capital of the
Company previously approved at a Company  EGM held on 2 June 2023 last. The
three resolutions are Special Resolutions that require approval by at least
75% of votes cast in person or by proxy at the EGM to be carried.

 

This announcement contains inside information as stipulated under the Market
Abuse Regulations (EU) no. 596/2014 ('MAR').

 

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
 Claire Noyce                  +44 (0) 20 3764 2341                                                      Hybridan LLP                Joint Broker
 Damon Heath                   +44 207 186 9952                                                          Shard Capital Partners LLP  Joint Broker
 James Biddle Roland Cornish   +44 207 628 3396                                                          Beaumont Cornish Limited    Nominated Adviser
 Zainab Slemang van Rijmenant  zainab@lifacommunications.co.za (mailto:zainab@lifacommunications.comza)  Lifa Communications         Investor and Media Relations Consultant

 

Johannesburg

18 February 2024

Corporate and Designated Adviser

River Group

 

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