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')
11 October
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. The Resolution was
carried.
Proxies were received by
shareholders holding 54.84 % of the shares
in Kibo (14,715,197,764 ordinary shares issued and
outstanding).
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 approve the sale of Kibo Mining
(Cyprus) Limited, Registration Number HE247089 to Aria Capital
Management Limited
|
8,066,098,870
|
99.94
|
4,950,287
|
0.06
|
6,233
|
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"
|
Accordingly, all conditions regarding the sale of
Kibo Mining (Cyprus) Limited have now been met and
the Company will proceed to complete the share transfer to Aria
Capital Management Limited. As previously advised, the Company is
now an AIM Rule 15 cash shell.
**ENDS**
For further information please visit
www.kibo.energy or
contact:
|
Cobus van der Merwe
|
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
|
|
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
11 October 2024
Corporate and Designated Adviser
River Group