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KIBO ENERGY PLC - Update on MED Definitive and Binding Joint Venture Agreement

Release Date: 31/07/2023 08:00
Code(s): KBO     PDF:  
Wrap Text
Update on MED Definitive and Binding Joint Venture Agreement

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: 31 July 2023

                           Kibo Energy PLC ('Kibo' or the 'Company')

  Kibo Subsidiary Mast Energy Developments (“MED”): Update on Definitive and Binding
                               Joint Venture Agreement

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable-energy-focused development company
notes the expected date for completion of the MED transaction, as notified on 12 July 2023, was 28
July 2023. The Company understands that MED is working to finalise this as soon as practicable.

                                             **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 Cormish
 
 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
 van Rijmenant                                                                 Relations Consultant

Johannesburg
31 July 2023
Corporate and Designated Adviser
River Group

Date: 31-07-2023 08:00:00
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