| Tue 13 Oct 2020, 8:00 | | KIBO ENERGY PLC - TR-1: Standard form for notification of major holdings |
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TR-1: Standard form for notification of major holdings
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”)
Kibo Energy PLC (‘Kibo’ or the ‘Company’)
Dated: 13 October 2020
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at- Kibo Energy PLC
tached:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name David K Ryan
City and country of registered office (if applicable) Doncaster, UK
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached: 12/10/2020
6. Date on which issuer notified (DD/MM/YYYY): 12/10/2020
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights at- Total number of
through financial instru- Total of both in %
tached to shares (to- voting rights of is-
ments (total of 8.B 1 + (8.A + 8.B)
tal of 8. A) suer
8.B 2)
Resulting situation on
the date on which
threshold was
3.32% 3.32% 2,154,776,522
crossed or reached
Position of previous
notification (if NA NA
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached
A: Voting rights attached to shares
Class/type of shares Number of voting rights % of voting rights
ISIN code (if possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1)
IE00B97C0C31 71,548,864 3.32%
SUBTOTAL 8. A 71,548,864 3.32%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Number of voting rights
Type of financial in- Expiration Exercise/ Conversion that may be acquired if
% of voting rights
strument date Period the instrument is
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
Type of financial Exercise/ Con- Physical or cash Number of vot-
Expiration date % of voting rights
instrument version Period settlement ing rights
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer
X
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
(please add additional rows as necessary)
% of voting rights
% of voting rights if it through financial in- Total of both if it equals
Name equals or is higher than struments if it equals or or is higher than the
the notifiable threshold is higher than the noti- notifiable threshold
fiable threshold
10. In case of proxy voting, please identify:
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
Place of completion UK
Date of completion 12/10/2020
*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
Thomas Smith +44 (0) 20 7392 1494 ETX Capital Limited Joint Broker
Bhavesh Patel / Stephen +44 20 3440 6800 RFC Ambrian Limited NOMAD on AIM
Allen
Charlotte Page / +44 (0) 20 7236 1177 St Brides Partners Ltd Investor and Media Relations
Beth Melluish Adviser
Notes
Kibo Energy PLC is a multi-asset, Africa and UK focused, 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 has a 60% interest in MAST Energy Developments Limited (‘MED’), a private UK
registered company targeting the development and operation of flexible power plants to service the UK Reserve
Power generation market.
Johannesburg
13 October 2020
Corporate and Designated Adviser
River Group
Date: 13-10-2020 08:00:00
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