TR-1: Standard form for notification of major holdings
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
Kibo Energy PLC
existing shares to 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: 27th June 2024
6. Date on which issuer notified (DD/MM/YYYY): 22nd July 2024
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights through
Total of both in Total number of voting
attached to shares financial instruments
% (8.A + 8.B) rights of issuer
(total of 8. A) (total of 8.B 1 + 8.B 2)
Resulting situation
on the date on
which threshold 7.77% 7.77% 6,146,662,050
was crossed or
reached
Position of previous
notification (if 11.68% 11.68%
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 Number of voting rights % of voting rights
shares
ISIN code (if Direct Indirect Direct Indirect
possible) (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) Directive
IE00B97C0C31
(DTR5.1) (DTR5.2.1) 2004/109/EC)
(DTR5.2.1)
Ordinary Shares 477,750,000 7.77%
SUBTOTAL 8. 7.77%
477,750,000
A
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of Exercise/ Number of voting rights that may
Expiration % of voting
financial Conversion be acquired if the instrument is
date rights
instrument Period 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 Exercise/
Expiration Physical or cash Number of % of voting
financial Conversion
date settlement voting rights rights
instrument Period
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 X
(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)
% of voting rights if it % of voting rights through financial Total of both if it equals
Name equals or is higher than instruments if it equals or is higher or is higher than the
the notifiable threshold than the notifiable threshold 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 or contact:
Cobus van der Merwe 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
Date: 23-07-2024 08:00:00
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