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Latest News: Kibo Energy plcKIBO [KBO]
(Suspended)

Tue, 23 Dec 2025	Official Announcement [RD]
Kibo - Carbon Resilience conditional acquisition Kibo Energy plc provided an update to its previous RNS announcements on 8th and 16th October 2025 regarding the conditional sale and purchase agreement (the "SPA") signed with FA SPC Real Asset Income Ltd. (the "FSRAIL") for the acquisition of Australian renewable energy development company Carbon Resilience Pte Ltd. ("Carbon Resilience") by way of a Reverse Takeover Transaction ("RTO"). FSRAIL and Carbon Resilience have not provided sufficient due diligence documentation within the required time under the terms of the SPA (non-fulfilment of conditions precedent) to allow the SPA to become effective. Furthermore, the Noteholder providing funding under the CLN as notified on 8th and 16th October 2025 has not provided the second tranche of that CLN funding and therefore the Company will need alternative funding to meet its ongoing working capital requirements. Consequently, the Company is now evaluating alternative opportunities and will update the market in due course.
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