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KIBO Kibo Energy Plc

0.035
0.00 (0.00%)
Last Updated: 08:00:00
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% 0.035 0.03 0.04 0.035 0.035 0.035 2,561,686 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 1.04M -9.78M -0.0026 -0.12 1.13M

Kibo Energy PLC Launch of New Website

16/10/2018 7:02am

RNS Non-Regulatory


TIDMKIBO

Kibo Energy PLC

16 October 2018

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: 16 October 2018

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

Launch of New Website

Kibo Energy PLC ("Kibo" or the "Company"), the multi-asset, Africa focused energy company, is pleased to announce that it has today launched its new website at www.kibo.energy. This website reflects our recent change of name and our change in business focus to a dedicated diversified energy company with projects across Africa and in the UK. The website will be further updated and expanded to keep shareholders informed of latest developments as we progress our exciting project portfolio.

**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 
                  -------------------  -----------------------  ------------------------- 
 Jon Belliss       +44 (0) 20 7399      Novum Securities         Joint Broker 
                    9400                 Ltd 
                  -------------------  -----------------------  ------------------------- 
 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 
  / Gaby Jenner     1177                 Ltd                      Relations Adviser 
                  -------------------  -----------------------  ------------------------- 
 

Notes to editors

Kibo Energy PLC is a multi-asset, Africa focussed, 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 will benefit from its robust and experienced international blue-chip partnership network across its project portfolio, which includes: SEPCO III (China), General Electric (USA); Tractebel Engineering (Belgium); Minxcon Consulting (South Africa); ABSA / Barclays Africa; and Hogan Lovells International LLP.

Johannesburg

16 October 2018

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

NRAGUBDGUGBBGIL

(END) Dow Jones Newswires

October 16, 2018 02:02 ET (06:02 GMT)

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