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KIBO ENERGY PLC - TR-1: Standard form for notification of major holdings

Release Date: 14/08/2019 12:15
Code(s): KBO     PDF:  
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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: 011/007371/10)
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
(“Kibo” or “the Company”)

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)i

  1a. Identity of the issuer or the underlying issuer
  of existing shares to which voting rights are                                  Kibo Energy PLC
  attachedii:
  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)iii:

  3. Details of person subject to the notification obligationiv
  Name                                                          Yakoub Yakoubov
  City and country of registered office (if applicable)

  4. Full name of shareholder(s) (if different from 3.)v

  Name

  City and country of registered office (if applicable)

  5. Date on which the threshold was crossed or
                                                                13 August 2019
  reachedvi:

  6. Date on which issuer notified (DD/MM/YYYY):                13 August 2019

  7. Total positions of person(s) subject to the notification obligation
                                                       % of voting rights
                                % of voting rights                                                Total number of
                                                       through financial     Total of both in %
                               attached to shares                                                 voting rights of
                                                     instruments (total of      (8.A + 8.B)
                                  (total of 8. A)                                                 issuervii
                                                         8.B 1 + 8.B 2)
  Resulting situation
  on the date on which
                                    4.13%                    0%                   4.13%           799,053,798
  threshold was
  crossed or reached
Position of previous
notification (if                 3.31%                          0%                         3.31%
applicable)


8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii
A: Voting rights attached to shares
Class/type of              Number of voting rights ix                           % of voting rights
shares
ISIN code (if possible)             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)             2004/109/EC) (DTR5.1)         2004/109/EC)
                                                           (DTR5.2.1)                                             (DTR5.2.1)
ORDINARY
SHARES OF EUR
0.015                         33,000,000                      0%                        4.13%                        0%
ISIN:
IE00B97C0C31




SUBTOTAL 8. A                                 33,000,000                                              4.13%



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                 datex             Periodxi                         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))
                                             Exercise/            Physical or
Type of financial      Expiration                                                       Number of
                                             Conversion           cash                                     % of voting rights
instrument             datex                                                            voting rights
                                             Period xi            settlementxii




                                                                  SUBTOTAL
                                                                  8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable 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 xiii

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 xiv
(please add additional rows as necessary)
                                                                    % of voting rights
                                 % of voting rights if it                                            Total of both if it
                                                                    through financial
                                  equals or is higher                                               equals or is higher
          Namexv                                                 instruments if it equals
                                  than the notifiable                                               than the notifiable
                                                                   or is higher than the
                                       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 informationxvi




Place of completion          London, UK

Date of completion           13 August 2019
Annex: Notification of major holdings (to be filed with the FCA only)




A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities)           Yakoub Yakoubov


Contact address (registered office for legal entities)        3 Chartway, Reigate, Surrey


E-Mail                                                        Yakoub.yakoubov@gmail.com

Phone number / Fax number                                     07903024938

Other useful information
(at least legal representative for legal persons)




B: Identity of the notifier, if applicable

Full name


Contact address


E-Mail

Phone number / Fax number

Other useful information (e.g. functional relationship with
the person or legal entity subject to the notification
obligation)



C: Additional information




      Please send the completed form together with this annex to the FCA at the following email
      address: Majorshareholdings@fca.org.uk. Please send in Microsoft Word format if possible.
Notes
iPlease note that national forms may vary due to specific national legislation (Article 3(1a) of Directive 2004/109/EC)
as for instance the applicable thresholds or information regarding capital holdings.
iiFull name of the legal entity and further specification of the issuer or underlying issuer, provided it is reliable and
accurate (e.g. address, LEI, domestic number identity). Indicate in the relevant section whether the issuer is a non UK
issuer.
iii
  Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding
(e.g. expiring of financial instruments) or acting in concert.
iv This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or
exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h)/ Article 10 (b) to (h) of Directive 2004/109/EC;
(c) all parties to the agreement referred to in Article 10 (a) of Directive 2004/109/EC (DTR5.2.1 (a)) or (d) the holder of
financial instruments referred to in Article 13(1) of Directive 2004/109/EC (DTR5.3.1).

As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total
positions of the parties, entering or exiting of acting in concert by a single party) the standard form does not provide for
a specific method how to notify cases of acting in concert.

In relation to the transactions referred to in points (b) to (h) of Article 10 of Directive 2004/109/EC (DTR5.2.1 (b) to (h)),
the following list is provided as indication of the persons who should be mentioned:

       - in the circumstances foreseen in letter (b) of Article 10 of that Directive (DTR5.2.1 (b)), the natural person or legal
       entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person
       or legal entity who is transferring temporarily for consideration the voting rights;

       - in the circumstances foreseen in letter (c) of Article 10 of that Directive (DTR5.2.1 (c)), the natural person or legal
       entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of
       exercising them, and natural person or legal entity lodging the collateral under these conditions;

       - in the circumstances foreseen in letter (d) of Article 10 of that Directive (DTR5.2.1 (d)), the natural person or legal
       entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the
       shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;

       - in the circumstances foreseen in letter (e) of Article 10 of that Directive (DTR5.2.1 (e)), the controlling natural
       person or legal entity and, provided it has a notification duty at an individual level under Article 9 (DTR 5.1), under
       letters (a) to (d) of Article 10 of that Directive (DTR5.2.1 (a) to (d)) or under a combination of any of those situations,
       the controlled undertaking;

       - in the circumstances foreseen in letter (f) of Article 10 of that Directive (DTR5.2.1 (f)), the deposit taker of the
       shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the
       depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

       - in the circumstances foreseen in letter (g) of Article 10 of that Directive (DTR5.2.1 (g)), the natural person or legal
       entity that controls the voting rights;

       - in the circumstances foreseen in letter (h) of Article 10 of that Directive (DTR5.2.1 (h)), the proxy holder, if he can
       exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing
       the latter to exercise the voting rights at his discretion (e.g. management companies).
v
 Applicable in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC (DTR5.2.1 (b) to (h). This should
be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Article 10
of that Directive (DTR5.2) unless the percentage of voting rights held by the shareholder is lower than the lowest
notifiable threshold for the disclosure of voting rights holdings in accordance with national practices (e.g. identification
of funds managed by management companies).
viThe date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place
or the other reason triggered the notification obligation. For passive crossings, the date when the corporate event took
effect.
vii
  The total number of voting rights shall be composed of all the shares, including depository receipts representing
shares, to which voting rights are attached even if the exercise thereof is suspended.
viii
   If the holding has fallen below the lowest applicable threshold in accordance with national law, please note that it
might not be necessary in accordance with national law to disclose the extent of the holding, only that the new holding
is below that threshold.
 ixIn case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding",
 please split the voting rights number and percentage into the direct and indirect columns – if there is no combined
 holdings, please leave the relevant box blank.
 x    Date of maturity/expiration of the financial instrument i.e. the date when right to acquire shares ends.
 xiIf the financial instrument has such a period – please specify this period – for example once every 3 months starting
 from (date).
 xii
   In case of cash settled instruments the number and percentages of voting rights is to be presented on a delta-adjusted
 basis (Article 13(1a) of Directive 2004/109/EC) (DTR 5.3.3.A).
 xiii
   If the person subject to the notification obligation is either controlled and/or does control another undertaking then the
 second option applies.
 xivThe full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity has to be
 presented also in the cases, in which only on subsidiary level a threshold is crossed or reached and the subsidiary
 undertaking discloses the notification as only thus the markets get always the full picture of the group holdings. In case
 of multiple chains through which the voting rights and/or financial instruments are effectively held the chains have to be
 presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F
 etc.).
 xvThe names of controlled undertakings through which the voting rights and/or financial instruments are effectively held
 have to be presented irrespectively whether the controlled undertakings cross or reach the lowest applicable threshold
 themselves.
 xvi    Example: Correction of a previous notification.


Johannesburg
14 August 2019
Corporate and Designated Adviser
River Group

Date: 14/08/2019 12:15:00
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