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')
Dated: 23 July 2024
Kibo Energy PLC ('Kibo' or the 'Company')
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer in Microsoft Word format if possible) | |||||||
| | |||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Kibo Energy PLC | ||||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | |||||||
| Non-UK issuer | | ||||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | |||||||
| An acquisition or disposal of voting rights | X | ||||||
| An acquisition or disposal of financial instruments | | ||||||
| An event changing the breakdown of voting rights | X | ||||||
| Other (please specify): | | ||||||
| 3. Details of person subject to the notification obligation | |||||||
| Name | RiverFort Global Opportunities PCC Ltd | ||||||
| City and country of registered office (if applicable) | | ||||||
| 4. Full name of shareholder(s) (if different from 3.) | |||||||
| Name | ABN AMRO Bank N.V. | ||||||
| City and country of registered office (if applicable) | | ||||||
| 5. Date on which the threshold was crossed or reached: | 27th June 2024 | ||||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 22nd July 2024 | ||||||
| 7. Total positions of person(s) subject to the notification obligation | |||||||
| | % 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 of issuer | |||
| Resulting situation on the date on which threshold was crossed or reached | 7.77% | | 7.77% | 6,146,662,050 | |||
| Position of previous notification (if applicable) | 11.68% | | 11.68% | | |||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached | ||||||||
| A: Voting rights attached to shares | ||||||||
| Class/type of ISIN code (if possible) IE00B97C0C31 | Number of voting rights | % of voting rights | ||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | |||||
| Ordinary Shares | 477,750,000 | | 7.77% | | ||||
| | | | | | ||||
| SUBTOTAL 8. A | 477,750,000 | 7.77% | ||||||
| | ||||||||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (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 | ||||
| | | | | | ||||
| | | SUBTOTAL 8. B 1 | | | ||||
| | ||||||||
| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | ||||||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Physical or cash settlement | Number of voting rights | % of voting rights | |||
| | | | | | | |||
| | |
| SUBTOTAL 8.B.2 | | | |||
| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | |||||
| 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 | X | ||||
| Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) | | ||||
| Name | % 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 | ||
| | | | | ||
| 10. In case of proxy voting, please identify: | |||||
| 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 | |||||
| The Ordinary Shares are held by ABN AMRO Bank N.V. in CREST for the benefit of RiverFort Global Opportunities PCC Ltd. | |||||
| Place of completion | London, United Kingdom |
| Date of completion | 22nd July 2024 |
**ENDS**
For further information please visit www.kibo.energy or contact:
| Cobus van der Merwe | Kibo Energy PLC | 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 |
| James Sheehan | +44 20 7048 9400 | 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
23 July 2024
Corporate and Designated Adviser
River Group
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