t
Kibo Energy PLC announced on January 19, 2024, that its Chief Operating Officer and PDMR, Louis Scheepers, sold 10,000,000 ordinary shares. The transaction took place on January 17, 2024, on the London Stock Exchange/AIM at a price of £0.0004 per share. Following this sale, Mr. Scheepers and Related Parties hold a 1.38% beneficial interest in the company.
| Date | 19 Jan 2024 |
| Time | 13:52:00 |
| Category | Director/PDMR dealings |
| ID | 3420A |
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 January 2024
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 January 17, 2024 (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 1.38% 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, type of instrument: Identification code |
Ordinary Shares of €0.0001 each IE00B97C0C31 / KIBO |
|||||||||
|
b) |
Nature of the transaction: |
Sale of Securities |
|||||||||
|
c) |
Price(s) and volume(s): |
|
|||||||||
|
d) |
Aggregated information: Aggregated volume: Price: |
N/A |
|||||||||
|
e) |
Date of the transaction: |
17 Jan 2024 (Settlement on 19/1/2024) |
|||||||||
|
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 |
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 |
|
Damon Heath |
+44 207 186 9952 |
Shard Capital Partners LLP |
Joint Broker |
|
Zainab Slemang van Rijmenant |
Lifa Communications |
Investor and Media Relations Consultant |
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
19 January 2024
Corporate and Designated Adviser
River Group