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KIBO Kibo Energy Plc

0.0375
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 0.0375 0.035 0.04 0.0375 0.0345 0.0375 2,076,515 08:00:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 1.04M -9.78M -0.0026 -0.15 1.51M

Kibo Energy PLC Update re SEPCOIII Strategic Development Agreement (9546U)

03/04/2019 8:00am

UK Regulatory


Kibo Energy (LSE:KIBO)
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TIDMKIBO

RNS Number : 9546U

Kibo Energy PLC

03 April 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: 3 April 2019

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

Update re SEPCOIII Strategic Development Agreement

Kibo Energy PLC ("Kibo" or the "Company"), the multi-asset, Africa focused energy company, announces that further to the announcement dated 11 December 2018, a final decision regarding the Strategic Development Agreement ('SDA') with SEPCOIII has not been made; discussions are ongoing. The Company looks forward to updating the market further in this regard in due course.

*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 
                  -------------------  -----------------------  ------------------------- 
 Ben Tadd /        +44 (0) 20 3700      SVS Securities Limited   Joint Broker 
  Tom Curran        0093 
                  -------------------  -----------------------  ------------------------- 
 Jason Robertson    +44 (0) 20 7374     First Equity Limited     Joint Broker 
                          2212 
                  -------------------  -----------------------  ------------------------- 
 Andrew Thomson    +61 8 9480 2500      RFC Ambrian Limited      NOMAD on AIM 
                  -------------------  -----------------------  ------------------------- 
 Isabel de Salis   +44 (0) 20 7236      St Brides Partners       Investor and Media 
  /                 1177                 Ltd                      Relations Adviser 
  Gaby Jenner 
                  -------------------  -----------------------  ------------------------- 
 

Notes to editors

Kibo Energy PLC is a multi-asset energy company focused on progressing a diverse portfolio of advanced power generation and mining projects in Sub-Saharan Africa and the UK, utilising established international relationships with key development partners. It is simultaneously developing three coal-fuelled power projects in Africa: the Benga Independent Power Project in Mozambique; the Mabesekwa Coal Independent Power Project in Botswana; and the Mbeya Coal to Power Project in Tanzania. Additionally, the Company has a 60% interest in MAST Energy Developments Limited, a private UK registered company targeting the development and operation of flexible power plants to service the Reserve Power generation market.

Johannesburg

3 April 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

MSCEXLBBKZFLBBF

(END) Dow Jones Newswires

April 03, 2019 03:00 ET (07:00 GMT)

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