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REG - Kibo Energy PLC - PDMR Share Sale

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RNS Number : 3445X  Kibo Energy PLC  19 December 2023

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: 19 December 2023

 

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
December 12, 2023. (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 a 1.82% beneficial
interest in the Company.

 

DEALING NOTIFICATION FORM

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

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 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
                                               10,000,000      £0.0004
 d)  Aggregated information:                   N/A

     ·      Aggregated volume:

     ·      Price:
 e)  Date of the transaction:                  12 Dec 2023 (Settlement 14/12/23)
 f)  Place of the transaction:                 London Stock Exchange/AIM

d)

Aggregated information:

·      Aggregated volume:

·      Price:

N/A

e)

Date of the transaction:

12 Dec 2023 (Settlement 14/12/23)

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 Roland Cornish   +44 207 628 3396                                                      Beaumont Cornish Limited    Nominated Adviser
 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

 

Johannesburg

19 December 2023

Corporate and Designated Adviser

River Group

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.   END  DSHTLBJTMTJBBRJ

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