| Thu 30 Sep 2021, 12:50 | | KIBO ENERGY PLC - Results of AGM |
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Results of AGM
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”)
30 September 2021
Kibo Energy PLC (‘Kibo’ or the ‘Company’)
Results of AGM
Kibo Energy PLC (AIM: KIBO; AltX:KBO), the renewable energy focused development company, announces
the results of voting at its Annual General Meeting (“AGM”) held today. Proxies were received by
shareholders holding 12% of the shares in Kibo (2,475,348,737 shares issued and outstanding). Prior to
the AGM Mr. Maree and Mr. Kerremans advised the Board that they were withdrawing their candidacy
for re-election as directors. Consequently Resolutions 3 and 4 on the Notice of AGM were withdrawn by
the Chairman. All the other Resolutions were carried.
The remaining directors would like to thank both Mr. Maree and Mr. Kerremans and express the Board’s
gratitude for the hard work and commitment of each of them to Kibo over the last number of years.
The proxy voting details at the AGM are shown on the table below: -
Resolu- Summary Resolution Votes cast For & With Votes cast Against Votes
tion # Discretion Withheld
Number % Number % Number
1. To receive, consider and adopt the
accounts for the year ended 31
301,176,876 99.99 9,319 0.01 11,063,059
December 2020 and the Directors’
and Auditor’s Reports thereon.
2. To authorise the Directors to fix the
remuneration of the auditors. 301,186,195 100 0 0.00 11,063,059
Resolutions 3 & 4 were withdrawn
5. That the Directors be and are hereby
generally and unconditionally
authorised to exercise all powers of 300,331,049 99.93 225,146 0.07 11,693,059
the Company to allot relevant
securities.
6. That the Directors be and are hereby
empowered pursuant to Section 11,563,059
300,461,049 99.93 225,146 0.07
1023(3) of the Companies Act, 2014 to
allot equity securities.
**ENDS**
For further information please visit www.kibo.energy or contact:
Louis Coetzee info@kibo.energy Kibo Energy PLC Chief Executive
Officer
Andreas Lianos +357 99 53 1107 River Group Corporate and Designated Adviser on JSE
Claire Noyce +44 (0) 20 3764 2341 Hybridan LLP Broker
Bhavesh Patel / +44 (0) 20 3440 6800 RFC Ambrian Limited NOMAD on AIM
Stephen Allen
Isabel de Salis / info@stbridespartners.co.uk St Brides Partners Ltd Investor and Media Relations Adviser
Oonagh Reidy
Johannesburg
30 September 2021
Corporate and Designated Adviser
River Group
Date: 30-09-2021 12:50:00
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