To view the PDF file, sign up for a MySharenet subscription.

KIBO ENERGY PLC - TR-1: Standard form for notification of major holdings

Release Date: 12/05/2023 12:45
Code(s): KBO     PDF:  
Wrap Text
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
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.