Update on Broker

RNS Number : 0543I

Kibo Energy PLC

06 August 2019

 

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")

Dated: 6 August 2019

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

Update on Broker

Kibo Energy plc, the multi-asset Africa-focused energy company, notes from the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019 that the directors of SVS Securities Plc ("SVS") have placed SVS into Special Administration. The FCA's announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients' assets.  SVS were a joint broker to Kibo however as a result of these developments SVS will no longer be able to provide broking services to Kibo.

First Equity Limited will continue to act as sole broker to Kibo Energy.

**ENDS**

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

Louis Coetzee [e-mail] Kibo Energy PLC Chief Executive Officer Andreas Lianos [phone] River Group Corporate and Designated Adviser on JSE Jason Robertson [phone] First Equity Limited Broker Andrew Thomson [phone] RFC Ambrian Limited NOMAD on AIM Isabel de Salis / Gaby Jenner [phone] St Brides Partners Ltd Investor & Media Relations Adviser

This announcement contains inside information as stipulated under the Market Abuse Regulations

(EU) no. 596/2014 ("MAR").

Johannesburg

06 August 2019

Corporate and Designated Adviser

River Group

 

END

 

 

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