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 | Kibo Energy PLC | Chief Executive Officer | |
| James Biddle Roland Cornish | +44 207 628 3396 | Beaumont Cornish Limited | Nominated Adviser |
| Claire Noyce | +44 20 3764 2341 | Hybridan LLP | Joint Broker |
| Damon Heath | +44 207 186 9952 | Shard Capital Partners LLP | Joint Broker |
Johannesburg
9 February 2024
Corporate and Designated Adviser
River Group
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