Kibo Energy PLC PDMR Share Sale (3445X)

TIDMKIBO

RNS Number : 3445X

Kibo Energy PLC

19 December 2023

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: 19 December 2023

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

PDMR Share Sale

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company announces that Louis Scheepers, the Company's Chief Operating Officer, and a Person Discharging Managerial Responsibility (PDMR) under the Company's Share Dealing Policy Code has traded Kibo shares on December 12, 2023. (the "Share Trade") Mr. Scheepers has obtained consent from the Company for the Share Trade and has notified the FCA in the prescribed manner. The details of the Share Trade are shown on the table below. Following the Share Trade Mr. Scheepers and Related Parties hold a 1.82% beneficial interest in the Company.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
1.    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                                  Louis Scheepers 
     -----------------------------------------  ----------------------------------------- 
2.    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status:                                 Chief Operating Officer 
                                                        -PDMR 
     -----------------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment:                            Initial 
     -----------------------------------------  ----------------------------------------- 
3.    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name:                                                  Kibo Energy PLC 
     -----------------------------------------  ----------------------------------------- 
 b)   LEI:                                                635400WTCRIZB6TVGZ23 
     -----------------------------------------  ----------------------------------------- 
4 .   Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------------------------ 
 a)   Description of the financial instrument,               Ordinary Shares of EUR0.0001 
       type of instrument:                                               each 
       Identification code                                        IE00B97C0C31 / KIBO 
     -----------------------------------------  ----------------------------------------- 
 b)   Nature of the transaction:                             Sale of Securities 
     -----------------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s):                      Volumes         Price 
                                                  -----------    ---------- 
                                                   10,000,000     GBP0.0004 
     -----------------------------------------  ----------------------------------------- 
 d)   Aggregated information:                                       N/A 
        *    Aggregated volume: 
 
 
        *    Price: 
     -----------------------------------------  ----------------------------------------- 
 e)   Date of the transaction:                       12 Dec 2023 (Settlement 
                                                      14/12/23) 
     -----------------------------------------  ----------------------------------------- 
 f)   Place of the transaction:                         London Stock Exchange/AIM 
     -----------------------------------------  ----------------------------------------- 
 

**ENDS**

This announcement is made in accordance with the requirements of the Market Abuse Regulations (EU) no. 596/2014 (part of UK law by virtue of the European Union (Withdrawal) Act 2018) and AIM Rule 21.

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

 
 Louis Coetzee     [e-mail]                Kibo Energy PLC          Chief Executive 
                                                                             Officer 
 James Biddle      [phone]                Beaumont Cornish         Nominated Adviser 
  Roland Cornish                                    Limited 
                  ------------------------------  -----------------------  ------------------ 
 Claire Noyce      [phone]                Hybridan LLP             Joint Broker 
                  ------------------------------  -----------------------  ------------------ 
 Damon Heath       [phone]                Shard Capital Partners   Joint Broker 
                                                    LLP 
                  ------------------------------  -----------------------  ------------------ 
 Zainab Slemang    [e-mail]   Lifa Communications      Investor and 
  van Rijmenant                                                              Media Relations 
                                                                             Consultant 
                  ------------------------------  -----------------------  ------------------ 
 

Johannesburg

19 December 2023

Corporate and Designated Adviser

River Group

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December 19, 2023 09:00 ET (14:00 GMT)