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: 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 which voting rights are attached: Kibo Energy PLC
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: 10th May 2023
6. Date on which issuer notified (DD/MM/YYYY): 11th May 2023
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights
Total number of
rights attached through financial in- Total of both in %
voting rights of
to shares (total struments (total of 8.B (8.A + 8.B)
issuer
of 8. A) 1 + 8.B 2)
Resulting situation on the
date on which threshold 4.99% 4.99% 3,731,866,683
was crossed or reached
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 (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) (DTR5.1) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.2.1) (DTR5.2.1)
Ordinary Shares
186,588,704 4.99%
(GB00BH3X7Y70)
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))
Number of voting rights
Type of financial Expiration Exercise/ Conversion that may be acquired if
% of voting rights
instrument date Period the instrument is exer-
cised/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))
Physical or
Type of financial Expiration Exercise/ Con- Number of
cash % of voting rights
instrument date version Period xi 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 the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity X
(please add additional rows as necessary)
% of voting rights
% of voting rights if it Total of both if it
through financial in-
equals or is higher equals or is higher
Name struments if it equals
than the notifiable than the notifiable
or is higher than the
threshold threshold
notifiable threshold
RiverFort Global Oppor-
4.99% 4.99%
tunities PCC Ltd
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 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
Damon Heath +44 207 186 9952 Shard Capital Partners LLP Joint Broker
Zainab Slemang zainab@lifacommunications.com Lifa Communications Investor and Media Relations Consultant
van Rijmenant
Johannesburg
12 May 2023
Corporate and Designated Adviser
River Group
Date: 12-05-2023 12:45:00
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