Adjournment of AGM

RNS Number : 8007Z

Kibo Energy PLC

16 September 2022

 

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")

16 September 2022

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

Adjournment of AGM

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused  development company, announces that due to difficulties voting through the Euroclear system experienced by several shareholders, such shareholders found that they were unable to arrange for their proxies to be included for the purposes of today's Annual General Meeting. The Company therefore received requests from some of the shareholders, including those holding in excess of 15% of the issued ordinary share capital, requesting that the meeting be adjourned.

The board considered that it was not appropriate that shareholders wishing to vote were unable to do so.

At the meeting, the Chairman proposed an adjournment in accordance with section 187(4) of the Companies Act 2014. The meeting was then adjourned by the Chairman with the consent of the meeting.

To facilitate shareholders being able to properly vote their shares, the Company is proposing that the meeting be reconvened on a date no later than 28 October 2022.

A further notice will be issued to shareholders as soon as possible containing the date and venue of the adjourned meeting.

**ENDS**

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 and is announced in accordance with the Company's obligations under Article 17 of the specified Regulation.

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	JSE Corporate and Designated Adviser
Claire Noyce	[phone]	Hybridan LLP	Joint Broker
Damon Heath	[phone]	Shard Capital Partners LLP	Joint Broker
Bhavesh Patel / Stephen Allen	[phone]	RFC Ambrian Ltd	NOMAD on AIM
Zainab Slemang van Rijmenant	[e-mail]	Lifa Communications	Investor and Media Relations Consultant

Johannesburg

16 September 2022

Corporate and Designated Adviser

River Group

 

END

 

 

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