⌘K
t
Kibo Energy PLC announced on 9 May 2024 that its subsidiary, Mast Energy Developments PLC (MED), received a TR-1 Notification of Major Shareholdings. The notification detailed that Charlemont Capital Investments SARL, through Aurora Nominees Ltd, holds 8,000,000 voting rights in MED, representing 3.031% of the total.
| Date | 9 May 2024 |
| Time | 10:45:00 |
| Category | Miscellaneous |
| ID | 8051N |
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: 9 May 2024
Kibo Energy PLC ('Kibo' or the 'Company')
Kibo Subsidiary Announces TR-1 Notification of Major Shareholdings
Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, announces a TR-1 Notification by its subsidiary Mast Energy Developments PLC ('MED'), a UK-based multi-asset owner, developer and operator in the rapidly growing flexible power market.
Further details can be found in the full MED announcement, which is available below and at med.energy:
-------------------------
TR-1: Standard form for notification of major holdings
1.
|
ISIN
Issuer Name
 |
UK or Non-UK Issuer
 |
2. Reason for Notification
 |
3. Details of person subject to the notification obligation Name
|
 |
Country of registered office (if applicable)
 |
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Aurora Nominees Ltd |
London |
United Kingdom |
5. Date on which the threshold was crossed or reached
 |
6. Date on which Issuer notified
 |
|
|
% of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer |
|
Resulting situation on the date on which threshold was crossed or reached |
3.031000 |
0.000000 |
3.031000 |
8,000,000 |
|
Position of previous notification (if applicable) |
|
|
|
|
 |
|
 |
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB00BMBSCV12 |
8,000,000 |
0 |
3.031000 |
0.000000 |
|
Sub Total 8.A |
8,0000,00 |
3.031000% |
||
 |
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
Sub Total 8.B1 |
|
|
|
|
 |
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
Sub Total 8.B2 |
|
|
|
||
 |
|||
 |
|||
|
Ultimate controlling person |
Name of controlled undertaking |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
 |
Name of the proxy holder
 |
The number and % of voting rights held
|
The date until which the voting rights will be held
11. Additional Information
|
12. Date of Completion
 |
13. Place Of Completion
|
ENDS
This announcement contains inside information for the purposes of the UK version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ('UK MAR'). Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information please visit www.med.energy or contact:
|
Pieter Krügel |
Mast Energy Developments PLC |
CEO |
|
|
Jon Belliss |
+44 (0)20 7399 9425 |
Novum Securities |
Corporate Broker |
_________________________
**ENDS**
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 |
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
9 May 2024
Corporate and Designated Adviser
River Group