REG - Kibo Energy PLC - Warrant Exercise

Kibo EnergyAnnouncement

26/05/2023 12:15

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RNS Number : 8406A  Kibo Energy PLC  26 May 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: 26 May 2023

 

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

 

Kibo Warrant Exercise

TVR

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused
development company, announces that further to its RNS/SENS announcement of 4
May 2023, 48,000,000 shares of the 116,250,00 it had deferred from being
issued and admitted to AIM have now been allotted following receipt of warrant
exercise funds in respect of a warrant exercise notice already received. The
warrant exercise notice relates to exercise of 48,000,000 Kibo warrants for
which 48,000,000 ordinary Kibo shares of €0.001 at a price of £0.001 (0.1p)
will now be issued (the "Warrant Shares"). Total warrant exercise funds in
respect of this warrant exercise received by the Company are £48,000.

 

Total Voting Rights

Application will be made for the Warrant Shares to be admitted to trading on
AIM and the JSE AltX markets. Trading in the Warrant Shares is expected to
commence on AIM and the JSE on or around 2 June 2023 ('Admission'). Following
Admission, the Company will have 3,779,866,683 shares in issue  and the
foregoing figure may be used by shareholders as the denominator for the
calculations to determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.

 

**ENDS**

 

This announcement contains inside information as stipulated under the Market
Abuse Regulations (EU) no. 596/2014 and is announced in accordance with the
Company's obligations under Article 17 of the specified Regulation.

 

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

26 May 2023

Corporate and Designated Adviser

River Group

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