Notice of Extraordinary General Meeting (“EGM”)

Kibo Energy PLC

18 January 2024

 

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

Dated: 18 January 2024

Kibo Energy PLC

Notice of Extraordinary General Meeting ("EGM")

Kibo Energy PLC ('Kibo' or the 'Company'), the renewable energy focused development company, announces that a Notice of EGM & Sample Proxy Form ('Notice of EGM') is now available on the Company's website: https://kibo.energy/wp-content/uploads/Notice-of-EGM-February-2024.pdf

The EGM will be held at 12 noon on Friday, 9 February 2024, at the Grand Canal Hotel, Grand Canal Street Upper, Dublin 4, D04 X5X7 , Ireland.

The Notice of EGM is being dispatched by post today to those shareholders who have indicated a preference to receive hard copies.  Shareholders should consult the notes to  the Notice of EGM for detailed information on the options for returning proxies.

The directors and management are encouraging shareholders to approve all resolutions on the Notice of EGM for which they and their Related Parties comprising 8.16% of the issued share capital will be doing.

Shareholders should note that Resolutions 1, 2 & 3 on the Notice of EGM are seeking shareholder approval to dis-apply pre-emption rights for share issues until the Company's next AGM later in 2024  and to enable the Company to update the Company's Articles & Memorandum of Association with the Companies Registration Office in Ireland following a reduction in par value of the Company's shares and   an increase in the authorised capital of the Company previously approved at a Company  EGM held on 2 June 2023 last. The three resolutions are Special Resolutions that require approval by at least 75% of votes cast in person or by proxy at the EGM to be carried.

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

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

Louis Coetzee	[e-mail]	Kibo Energy PLC	Chief Executive Officer
Claire Noyce	[phone]	Hybridan LLP	Joint Broker
Damon Heath	[phone]	Shard Capital Partners LLP	Joint Broker
James Biddle Roland Cornish	[phone]	Beaumont Cornish Limited	Nominated Adviser
Zainab Slemang van Rijmenant	[e-mail]	Lifa Communications	Investor and Media Relations Consultant

Johannesburg

18 February 2024

Corporate and Designated Adviser

River Group

 

END