REG - Kibo Energy PLC - Update on MED Definitive and Binding JVA

Kibo EnergyAnnouncement

31/07/2023 07:00

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RNS Number : 6433H  Kibo Energy PLC  31 July 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: 31 July 2023

 

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

 

Kibo Subsidiary Mast Energy Developments ("MED"): Update on Definitive and
Binding Joint Venture Agreement

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable-energy-focused
development company notes the expected date for completion of the MED
transaction, as notified on 12 July 2023, was 28 July 2023. The Company
understands that MED is working to finalise this as soon as practicable.

 

**ENDS**

 

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 Cormish   +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

31 July 2023

Corporate and Designated Adviser

River Group

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