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TR-1: Standard form for notification of major holdings
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: 05 March 2021
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)
1a. Identity of the issuer or the underlying issuer of
Kibo Energy PLC
existing shares to which voting rights are attached:
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 Pegasus Pirouette Capital London Ltd
City and country of registered office (if applicable) London United Kingdom
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:
03/03/2021
6. Date on which issuer notified (DD/MM/YYYY): 04/03/2021
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights Total number of
through financial in- Total of both in %
attached to shares voting rights of
struments (8.A + 8.B)
(total of 8. A) issuer
(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which
threshold was
3.32% 3.32% 2,337,710,391
crossed or reached
Position of previous
notification (if 2.95% 2.95%
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 Number of voting rights % of voting rights
shares
ISIN code (if possi-ble) 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) (DTR5.2.1) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1)
77,700,000 3.32%
SUBTOTAL 8. A 77,700,000 3.32%
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
exercised/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 finan- Expiration Exercise/ Con- Number of
cash % of voting rights
cial instrument date version Period voting rights
settlement
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the applica-
ble 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 X
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 (please add additional rows
as necessary)
% of voting rights
% of voting rights if it
through financial in- Total of both if it equals
equals or is higher
Name struments if it equals or is higher than the
than the notifiable
or is higher than the notifiable threshold
threshold
notifiable threshold
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
Place of completion London
Date of completion 03/03/2021
**ENDS**
For further information please visit www.kibo.energy or contact:
Chief Executive
Louis Coetzee info@kibo.energy Kibo Energy PLC
Officer
Andreas Lianos +27 (0) 83 4408365 River Group Corporate and Designated Adviser on JSE
Claire Noyce +44 (0) 2037642341 Hybridan LLP Broker
Bhavesh Patel /
+44 20 3440 6800 RFC Ambrian Limited NOMAD on AIM
Stephen Allen
Isabel de Salis /
+44 (0) 20 7236 1177 St Brides Partners Ltd Investor and Media Relations Adviser
Beth Melluish
Notes
Kibo Energy PLC is a multi-asset, Africa and UK focused, 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 paral-
lel, 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.
Johannesburg
05 March 2021
Corporate and Designated Adviser
River Group
Date: 05-03-2021 09:00:00
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