19:00 Fri 20 Nov 2020
Kibo Energy PLC - TR-1: Notification of major holdings
Kibo Energy PLC (Incorporated in
(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: 20 November 2020
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS | ||||||
| | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Kibo Energy PLC | |||||
| 1b. Please indicate if the issuer is a non- | ||||||
| Non- | | |||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | | |||||
| An acquisition or disposal of financial instruments | | |||||
| An event changing the breakdown of voting rights | | |||||
| Other (please specify): admission of new shares | X | |||||
| 3. Details of person subject to the notification obligation | ||||||
| Name | SPREADEX LTD | |||||
| City and country of registered office (if applicable) | | |||||
| 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: | | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| | % 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 of issuer | ||
| Resulting situation on the date on which threshold was crossed or reached | 6.00% | 0.86% | 6.86% | 2,221,640,835 | ||
| Position of previous notification (if applicable) | 6.18% | 1.02% | 7.20% | | ||
| 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 ISIN code (if possible) | Number of voting rights | % of voting rights | |||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
| IE00B97C0C31 | 133,266,055 | | 6.00% | | |||||
| | | | | | |||||
| SUBTOTAL 8. A | 133,266,055 | 6.00% | |||||||
| | |||||||||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
| 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 | |||||
| CFD/Spread Bet | | | 19,010,277 | 0.86% | |||||
| | | | | | |||||
| | | SUBTOTAL 8. B 1 | 19,010,277 | 0.86% | |||||
| | |||||||||
| 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 instrument | Expiration date | Exercise/ Conversion Period | Physical or cash settlement | Number of voting rights | % of voting 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) | | |||
| Name | % 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 | |
| | | | | |
| | | | | |
| | ||||
| 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 informationxvi | ||||
| | ||||
| Place of completion | |
| Date of completion | |
**ENDS**
For further information please visit www.kibo.energy or contact:
| | Kibo Energy PLC | Chief Executive Officer | |
| | +27 (0) 83 4408365 | River Group | JSE Corporate and Designated Adviser |
| Thomas Smith | +44 (0) 20 7392 1494 | ETX Capital Limited | Broker |
| | +44 20 3440 6800 | RFC Ambrian Limited | NOMAD on AIM |
| | +44 (0) 20 7236 1177 | St Brides Partners Ltd | Investor and Media Relations Adviser |
Notes
Kibo Energy PLC is a multi-asset,
Kibo is simultaneously developing three similar coal-fuelled power projects: the Mbeya Coal to Power Project ('MCPP') in
Additionally, the Company has a 60% interest in MAST Energy Projects Limited ('MED') (Previously Mast Energy Developments LTD), a private
20
Corporate and Designated Adviser
River Group
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