Picture of Kibo Energy logo

KIBO Kibo Energy News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsHighly SpeculativeMicro Cap

REG - Kibo Energy PLC - TR-1: Notification of major holdings

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240723:nRSW3605Xa&default-theme=true

RNS Number : 3605X  Kibo Energy PLC  23 July 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: 23 July 2024

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

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer in Microsoft
 Word format if possible)

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    Kibo Energy PLC
 which voting rights are attached:
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                                              X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights                                                                                                                                                                                                                         X
 Other (please specify):
 3. Details of person subject to the notification obligation
 Name                                                                                                                                                                                    RiverFort Global Opportunities PCC Ltd
 City and country of registered office (if applicable)
 4. Full name of shareholder(s) (if different from 3.)
 Name                                                                                                                                                                                    ABN AMRO Bank N.V.
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached:                                                                                                                                  27(th) June 2024
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                                          22(nd) July 2024
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)        Total of both in % (8.A + 8.B)  Total number of voting rights of issuer
 Resulting situation on the date on which threshold was crossed or reached  7.77%                                                                                                                                   7.77%                           6,146,662,050
 Position of previous notification (if applicable)                          11.68%                                                                                                                                  11.68%

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached
 A: Voting rights attached to shares
 Class/type of                          Number of voting rights                                                                                    % of voting rights

shares

 ISIN code (if possible) IE00B97C0C31
                                                         Direct                                          Indirect                                                          Direct                                           I

                                                n
                                                         (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                      (Art 9 of Directive 2004/109/EC) (DTR5.1)        d
                                                                                                                                                                                                                            i
                                                                                                                                                                                                                            r
                                                                                                                                                                                                                            e
                                                                                                                                                                                                                            c
                                                                                                                                                                                                                            t

                                                                                                                                                                                                                            (
                                                                                                                                                                                                                            A
                                                                                                                                                                                                                            r
                                                                                                                                                                                                                            t
                                                                                                                                                                                                                            1
                                                                                                                                                                                                                            0
                                                                                                                                                                                                                            o
                                                                                                                                                                                                                            f
                                                                                                                                                                                                                            D
                                                                                                                                                                                                                            i
                                                                                                                                                                                                                            r
                                                                                                                                                                                                                            e
                                                                                                                                                                                                                            c
                                                                                                                                                                                                                            t
                                                                                                                                                                                                                            i
                                                                                                                                                                                                                            v
                                                                                                                                                                                                                            e
                                                                                                                                                                                                                            2
                                                                                                                                                                                                                            0
                                                                                                                                                                                                                            0
                                                                                                                                                                                                                            4
                                                                                                                                                                                                                            /
                                                                                                                                                                                                                            1
                                                                                                                                                                                                                            0
                                                                                                                                                                                                                            9
                                                                                                                                                                                                                            /
                                                                                                                                                                                                                            E
                                                                                                                                                                                                                            C
                                                                                                                                                                                                                            )
                                                                                                                                                                                                                            (
                                                                                                                                                                                                                            D
                                                                                                                                                                                                                            T
                                                                                                                                                                                                                            R
                                                                                                                                                                                                                            5
                                                                                                                                                                                                                            .
                                                                                                                                                                                                                            2
                                                                                                                                                                                                                            .
                                                                                                                                                                                                                            1
                                                                                                                                                                                                                            )
 Ordinary Shares                        477,750,000                                                                                                7.77%

 SUBTOTAL 8. A                          477,750,000                                                                                                7.77%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
 Type of financial instrument           Expiration date  Exercise/ Conversion Period                                       Number of voting rights that may be acquired if the instrument is        % of voting rights
                                                                                                                           exercised/converted.

                                                         SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument           Expiration date  Exercise/ Conversion Period                     Physical or cash settlement                                       Number of voting rights  % of voting rights

                                                                                                         SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural                                                                                                                                       X
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer
 Full chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary)
 Name                % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher      Total of both if it equals or is higher than the notifiable threshold
                                                                                                 than the notifiable threshold

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information
 The Ordinary Shares are held by ABN AMRO Bank N.V. in CREST for the benefit of
 RiverFort Global Opportunities PCC Ltd.

 

 Place of completion  London, United Kingdom
 Date of completion   22nd July 2024

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

23 July 2024

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  HOLUUSNRSRUBUAR

Recent news on Kibo Energy

See all news