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KIBO:  1   0 (0.00%)  02/05/2025 19:00

KIBO ENERGY PLC - 2024 Audited Accounts Publication Date

Release Date: 02/05/2025 08:00
Code(s): KBO     PDF:  
Wrap Text
2024 Audited Accounts Publication Date

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')

02 May 2025
                              Kibo Energy PLC ('Kibo' or the 'Company')
                               2024 Audited Accounts Publication Date


Kibo Energy PLC (AIM: KIBO; AltX: KBO), announces that its Financial Statements to 31
December 2024 (the "2024 Accounts") are unlikely to be published by 30 June 2025 as required by
the AIM Rules.

As advised on its previous RNS of 14 April 2025, the Company is at an advanced stage in its
assessment of potential projects that it is considering for acquisition under a Reverse Takeover
Transaction ("RTO"). Following a project acquisition being agreed, the Company intends to access
further funds under its loan facility with Aria Capital Management Limited (announced on 3
December 2024) which will, inter alia, enable audit preparation to commence in time to permit
completion and publication of the 2024 Accounts.

The Company will keep the market updated with progress on its project acquisition initiatives and on
any further updates to its estimated 2024 Accounts publication date.

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

                                                    **ENDS**

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

 Cobus van der Merwe       info@kibo.energy     Kibo Energy PLC                            Chief Executive Officer
 
 James Biddle              +44 207 628 3396     Beaumont Cornish Limited                   Nominated Adviser
 Roland Cornish
 
 James Sheehan             +44 20 7048 9400     Global Investment Strategy UK Limited      Broker

Beaumont Cornish Limited ('Beaumont Cornish') is the Company's Nominated Adviser and is authorised and regulated
by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to
advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated
Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible
to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in
relation to the proposed arrangements described in this announcement or any matter referred to in it.

Johannesburg
02 May 2025
Corporate and Designated Adviser
River Group

Date: 02-05-2025 08:00:00
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