KIBO ENERGY PLC - Broker Update

Broker Update

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: 7 June 2024
                           Kibo Energy PLC ('Kibo' or the 'Company')

                                  Kibo Announces Broker Update

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company,
announces that Shard Capital Partners LLP has resigned as joint AIM broker to the Company
effective today. Hybridan LLP and Global Investment Strategy UK Limited remain as the Company's
AIM Brokers.

                                             **ENDS**

For further information please visit www.kibo.energy or contact:

 Louis Coetzee       info@kibo.energy   Kibo Energy PLC                         Chief Executive Officer
 James Biddle        +44 207 628 3396   Beaumont Cornish Limited                Nominated Adviser
 Roland Cornish
 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
7 June 2024
Corporate and Designated Adviser
River Group

Date: 07-06-2024 03:07:00
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