KIBO MINING PLC - Change of Name

Release Date: 03/08/2018 08:00
Code(s): KBO
 
Wrap Text
Change of Name

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”)

Dated: 3 August 2018

                              Kibo Energy PLC (‘Kibo’ or the ‘Company’)
                                           Change of Name

Kibo Energy PLC (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to
announce that the change of name to Kibo Energy PLC has become effective immediately on the AIM and the
name change will follow the below timetable on the JSE.

Last day to trade under current name                       Tuesday, 6 August 2018
List and trade under new name on JSE system                Wednesday, 7 August 2018
Record date for JSE purposes                               Friday, 10 August 2018
CSDP’s and brokers accounts updated                        Monday, 13 August 2018

Kibo would also like to confirm that no action is required by shareholders and the share code on the AIM and
JSE, CUSIP number, as well as the ISIN and UK SEDOL will not change. The Company is also in the process
of updating its website and all other communication platforms to reflect the name change.

With three power projects in development in Tanzania, Botswana and Mozambique, the Company believes
that its new name more accurately reflects its strategy focused on building a leading position in the African
power market.
                                             **ENDS**

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

For further information please visit www.kibomining.com or contact:

Louis Coetzee          info@kibomining.com       Kibo Energy PLC            Chief Executive Officer
Andreas Lianos         +27 (0) 83 4408365        River Group                Corporate and Designated
                                                                            Adviser on JSE
Ben Tadd /             +44 (0) 20 3700 0093      SVS Securities Limited     Joint Broker
Tom Curran

Jon Belliss            +44 (0) 20 7399 9400      Novum Securities Ltd       Joint Broker
Andrew Thomson         +61 8 9480 2500           RFC Ambrian Limited        NOMAD on AIM
Isabel de Salis /      +44 (0) 20 7236 1177      St Brides Partners Ltd     Investor and Media
Priit Piip                                                                  Relations Adviser



Notes to editors
Kibo Energy PLC is a multi-asset, Africa focussed, energy company positioned to address the acute power
deficit, which is one of the primary impediments to economic development in Sub-Saharan Africa. To this
end, it is the Company’s objective to become a leading independent power producer in the region.

Kibo is simultaneously developing three similar coal-fuelled power projects: the Mbeya Coal to Power Project
(‘MCPP’) in Tanzania; the Mabesekwa Coal Independent Power Project (‘MCIPP’) in Botswana; and the
Benga Independent Power Project (‘BIPP’) in Mozambique. By developing these projects in parallel, the
Company intends to leverage considerable economies of scale and timing in respect of strategic partnerships,
procurement, equipment, human capital, execution capability / capacity and project finance. Additionally, the
Company will benefit from its robust and experienced international blue-chip partnership network across its
project portfolio, which includes: SEPCO III (China), General Electric (USA); Tractebel Engineering
(Belgium); Minxcon Consulting (South Africa); ABSA / Barclays Africa); and Hogan Lovells International
LLP.

Johannesburg
3 August 2018
Corporate and Designated Adviser
River Group

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