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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kibo Energy Plc | LSE:KIBO | London | Ordinary Share | IE00B97C0C31 | ORD EUR0.0001 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0025 | 6.67% | 0.04 | 0.035 | 0.045 | 0.0425 | 0.0385 | 0.0425 | 3,379,380 | 08:32:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 1.04M | -9.78M | -0.0026 | -0.15 | 1.51M |
TIDMKIBO
RNS Number : 3538S
Kibo Energy PLC
05 November 2019
Kibo Energy PLC
(Incorporated in Ireland)
(Registration Number: 451931)
(External registration number: 2011/007371/10)
Share code on the JSE Limited: KBO
Share code on the AIM: KIBO
ISIN: IE00B97C0C31
("Kibo" or "the Company")
Dated: 05 November 2019
Kibo Energy PLC ('Kibo' or the 'Company')
Appointment of Joint Broker
Kibo Energy PLC, the multi-asset, Africa focused, energy company, is pleased to announce that it has appointed ETX Capital as its Joint Broker with immediate effect.
**ENDS**
For further information please visit www.kibo.energy or contact:
Louis Coetzee info@kibo.energy Kibo Energy PLC Chief Executive Officer Andreas Lianos +27 (0) 83 4408365 River Group Corporate and Designated Adviser on JSE --------------------- --------------------- ------------------------- Bhavesh Patel/Stephen +44 20 3440 6800 RFC Ambrian Limited NOMAD on AIM Allen --------------------- --------------------- ------------------------- Jason Robertson +44 (0) 20 7374 2212 First Equity Limited Joint Broker --------------------- --------------------- ------------------------- Philip Adler +44 (0) 20 7392 1494 ETX Capital Limited Joint Broker --------------------- --------------------- ------------------------- Isabel de Salis +44 (0) 20 7236 1177 St Brides Partners Investor and Media / Ltd Relations Adviser Beth Melluish --------------------- --------------------- -------------------------
Notes
Kibo Energy PLC is a multi-asset, Africa focused, energy company positioned to address the acute power deficit, which is one of the primary impediments to economic development in Sub-Saharan Africa. To this end, it is the Company's objective to become a leading independent power producer in the region.
Kibo is simultaneously developing three similar coal-fuelled power projects: the Mbeya Coal to Power Project ('MCPP') in Tanzania; the Mabesekwa Coal Independent Power Project ('MCIPP') in Botswana; and the Benga Independent Power Project ('BIPP') in Mozambique. By developing these projects in parallel, the Company intends to leverage considerable economies of scale and timing in respect of strategic partnerships, procurement, equipment, human capital, execution capability / capacity and project finance.
Additionally, the Company has a 60% interest in MAST Energy Developments Limited ('MED'), a private UK registered company targeting the development and operation of flexible power plants to service the Reserve Power generation market.
Johannesburg
05 November 2019
Corporate and Designated Adviser
River Group
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
APPFSEFLIFUSEFF
(END) Dow Jones Newswires
November 05, 2019 09:20 ET (14:20 GMT)
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