Results of Extraordinary General Meeting

Kibo Energy PLC

09 February 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")

9 February 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 35.44 % of the shares in Kibo (4,279,866,683 ordinary shares issued and outstanding).  All Resolutions were 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.	That the Directors be and are hereby empowered pursuant to Section 1023(3) of the Companies Act, 2014 to allot equity securities.	1,207,440,575	79.61	309,207,789	20.39	0	n/a
2.	That the Memorandum of Association of the Company be updated	1,200,990,575	79.21	315,173,087	20.79	484,702	n/a
3.	That the Articles of Association of the Company be updated	1,200,990,575	79.21	315,173,087	20.79	484,702	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:

Louis Coetzee	[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
Damon Heath	[phone]	Shard Capital Partners LLP	Joint Broker

Johannesburg

9 February 2024

Corporate and Designated Adviser

River Group

 

END