RNS Number : 8051N
Kibo Energy PLC
09 May 2024
 

Kibo Energy PLC (Incorporated in Ireland)A picture containing text, clipart Description automatically generated

(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')

 

Dated: 9 May 2024

 

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

 

Kibo Subsidiary Announces TR-1 Notification of Major Shareholdings

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, announces a TR-1 Notification by its subsidiary Mast Energy Developments PLC ('MED'), a UK-based multi-asset owner, developer and operator in the rapidly growing flexible power market.

 

Further details can be found in the full MED announcement, which is available below and at med.energy:

 

-------------------------

Dated: 9 May 2024

 

TR-1: Standard form for notification of major holdings

 

1.   

GB00BMBSCV12

 
Issuer Details

ISIN

 

Issuer Name

 

Text Box: MAST ENERGY DEVELOPMENTS PLC

UK or Non-UK Issuer

 

Text Box: UK

2. Reason for Notification

 

Text Box: An acquisition or disposal of voting rights

3.    Details of person subject to the notification obligation      Name

 

 

Charlemont Capital Investments SARL

 
City of registered office (if applicable)

 

Text Box: Howald

Country of registered office (if applicable)

 

Text Box: Luxembourg

4. Details of the shareholder

 

Name

City of registered office

Country of registered office

Aurora Nominees Ltd

London

United Kingdom

5. Date on which the threshold was crossed or reached

 

Text Box: 07-May-2024

6. Date on which Issuer notified

 



 

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

 

Total of both in % (8.A + 8.B)

 

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

 

 

3.031000

 

 

0.000000

 

 

3.031000

 

 

8,000,000

Position of previous notification (if applicable)





 

Text Box: 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
Text Box: 8A. Voting rights attached to shares

 

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights

(DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BMBSCV12

8,000,000

0

3.031000

0.000000

Sub Total 8.A

8,0000,00

3.031000%

Text Box: 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 

Type of financial instrument

 

Expiration date

 

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

Sub Total 8.B1




 

Text Box: 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Sub Total 8.B2




 

Text Box: 9. Information in relation to the person subject to the notification obligation
Text Box: 1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

 

Ultimate controlling person

 

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

 

Text Box: 10. In case of proxy voting

Name of the proxy holder

 


The number and % of voting rights held

 


The date until which the voting rights will be held

11. Additional Information

 


12. Date of Completion

 

Text Box: 08-May-2024

13. Place Of Completion

 

Text Box: Luxembourg

ENDS

 

This announcement contains inside information for the purposes of the UK version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ('UK MAR'). Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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

Pieter Krügel

Info@med.energy

Mast Energy Developments PLC

CEO

Jon Belliss

+44 (0)20 7399 9425

Novum Securities

Corporate Broker

 

_________________________

 

**ENDS**

 

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

 

Louis Coetzee

info@kibo.energy

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

 

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

9 May 2024

Corporate and Designated Adviser

River Group

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