KIBO ENERGY PLC - Update on Admission of Shares to AIM & JSE AltX

Update on Admission of Shares to AIM & JSE AltX

Kibo Energy PLC (Incorporated in Ireland)
(Registration Number: 451931)
(External registration number: 2011/007371/10)
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
(“Kibo” or “the Company”)

 30 May 2022

                       Kibo Energy PLC (‘Kibo’ or the ‘Company’)
                     Update on Admission of Shares to AIM & JSE AltX

 Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development
 company, announces that it has made an application to AIM & JSE Altx markets for the
 admission of 56,118,047 new Kibo Shares of €0.001 each (“the Settlement Shares”) at a
 deemed issue price of £0.0016 per share (“Settlement Share Price”) allotted to Sanderson
 Capital Partners Limited (“Sanderson”), the full details of which are contained in the
 Company’s RNS announcement of 20 May 2022. This application follows the resumption
 of trading in the Company’s shares on AIM & the JSE on 27 May 2022.

 Total Voting Rights

 Application has been made for the Settlement Shares to be admitted to trading on AIM and
 the JSE AltX markets commencing on or around 7 June 2022 ('Admission'). Following
 Admission, the Company will have 3,039,197,458 shares admitted to trading and in issue,
 and this figure may be used by shareholders as the denominator for the calculations to
 determine if they are required to notify their interest in, or a change to their interest in, the
 Company under the FCA's Disclosure Guidance and Transparency Rules.

                                           **ENDS**

 This announcement contains inside information as stipulated under the Market Abuse
 Regulations (EU) no. 596/2014 ("MAR").

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


Louis Coetzee     info@kibo.energy              Kibo Energy PLC             Chief Executive Officer

Andreas Lianos    +357 99 53 1107               River Group                 JSE Corporate and Designated Adviser

Claire Noyce      +44 (0) 20 3764 2341          Hybridan LLP                Joint Broker
                  
Damon Heath       +44 207 186 9952              Shard Capital Partners LLP  Joint Broker


Bhavesh Patel /   +44 20 3440 6800              RFC Ambrian Ltd             NOMAD on AIM
Stephen Allen
                                                                           
Sewela Makgolane  sewela@lifacommunications.com Lifa Communications         Investor and Media Relations Adviser

Johannesburg
30 May 2022
Corporate and Designated Adviser
River Group

Date: 30-05-2022 03:00:00
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.