Results of Extraordinary General Meeting

Kibo Energy PLC

25 July 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

('Kibo' or 'the Company')

25 July 2024

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

Results of Extraordinary General Meeting

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development company, announces the results of voting at its Extraordinary General Meeting ("EGM") held today. Proxies were received by shareholders holding 46.45 % of the shares in Kibo (6,146,662,050 ordinary shares issued and outstanding).  The Resolution was carried.

The proxy voting results at the EGM are shown in the table below: -

Resolution #	Summary Resolution	Votes For & Discretion		Votes Against		*Votes Withheld
		Number	%	Number	%	Number	%
1.	To increase the authorised share capital of the Company	2,763,737,304	96.81	91,003,383	3.19	68,824	n/a
*A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against"

**ENDS**

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

Cobus van der Merwe	[e-mail]	Kibo Energy PLC	Chief Executive Officer
James Biddle Roland Cornish	[phone]	Beaumont Cornish Limited	Nominated Adviser
Claire Noyce	[phone]	Hybridan LLP	Joint Broker
James Sheehan	[phone]	Global Investment Strategy UK Limited	Joint 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

25 July 2024

Corporate and Designated Adviser

River Group

 

END