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TR-1

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RNS Number : 2715Z  Kibo Energy PLC  12 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: 12 May 2023

 

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
 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                                                                                                                                                                                                            Jarvis Investment Management Ltd
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached:                                                                                                                                                          10(th) May 2023
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                                                                  11(th) May 2023
 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  4.99%                                                                                                                                4.99%                                      3,731,866,683
 Position of previous notification (if                                      <3%                                                                                                                                  <3%

 applicable)

 

 

 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 shares                            Number of voting rights                                                                                      % of voting rights

 ISIN code (if possible)
                                                 Direct                                          Indirect                                                     Direct                                           Indirect

                                                 (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)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 Ordinary Shares (GB00BH3X7Y70)                  186,588,704                                                                                                  4.99%

 SUBTOTAL 8. A                                   186,588,704                                                                                                  4.99%

 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              Exercise/ Conversion Period                                  Number of voting rights that may be acquired if the instrument is        % of voting rights

date                                                                                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 (xi)           Physical or cash                                                  Number of voting rights  % of voting rights

                                                                                                                    settlement

                                                                                                                    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
 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                                                                                                                                                         X
 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
 RiverFort Global Opportunities PCC Ltd  4.99%                                                                                                                                                   4.99%

 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 Jarvis Investment Management in CREST for the
 benefit of RiverFort Global Opportunities PCC Ltd.

 

 Place of completion  London, United Kingdom
 Date of completion   11th May 2023

 

**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 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

12 May 2023

Corporate and Designated Adviser

River Group

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