Kibo Energy PLC PDMR Share Sale (3420A)
20 January 2024 - 12:52AM
UK Regulatory
TIDMKIBO
RNS Number : 3420A
Kibo Energy PLC
19 January 2024
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: 19 January 2024
Kibo Energy PLC ('Kibo' or the 'Company')
PDMR Share Sale
Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable
energy-focused development company announces that Louis Scheepers,
the Company's Chief Operating Officer, and a Person Discharging
Managerial Responsibility (PDMR) under the Company's Share Dealing
Policy Code has traded Kibo shares on January 17, 2024 (the "Share
Trade"). Mr. Scheepers has obtained consent from the Company for
the Share Trade and has notified the FCA in the prescribed manner.
The details of the Share Trade are shown on the table below.
Following the Share Trade Mr. Scheepers and Related Parties hold a
1.38% beneficial interest in the Company.
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Louis Scheepers
----------------------------------------- -----------------------------------------
2. Reason for the notification
------------------------------------------------------------------------------------
a) Position/status: Chief Operating Officer -PDMR
----------------------------------------- -----------------------------------------
b) Initial notification/Amendment: Initial
----------------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name: Kibo Energy PLC
----------------------------------------- -----------------------------------------
b) LEI: 635400WTCRIZB6TVGZ23
----------------------------------------- -----------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
. each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been conducted
------------------------------------------------------------------------------------
a) Description of the financial instrument, Ordinary Shares of EUR0.0001
type of instrument: each
Identification code IE00B97C0C31 / KIBO
----------------------------------------- -----------------------------------------
b) Nature of the transaction: Sale of Securities
----------------------------------------- -----------------------------------------
c) Price(s) and volume(s): Volumes Price
----------- ----------
10,000,000 GBP0.0004
----------------------------------------- -----------------------------------------
d) Aggregated information: N/A
Aggregated volume:
Price:
----------------------------------------- -----------------------------------------
e) Date of the transaction: 17 Jan 2024 (Settlement on
19/1/2024)
----------------------------------------- -----------------------------------------
f) Place of the transaction: London Stock Exchange/AIM
----------------------------------------- -----------------------------------------
**ENDS**
This announcement is made in accordance with the requirements of
the Market Abuse Regulations (EU) no. 596/2014 (part of UK law by
virtue of the European Union (Withdrawal) Act 2018) and AIM Rule
21.
For further information please visit www.kibo.energy or
contact:
Louis Coetzee info@kibo.energy Kibo Energy PLC Chief Executive
Officer
James Biddle +44 207 628 3396 Beaumont Cornish Nominated Adviser
Roland Cornish Limited
------------------------------ ----------------------- ------------------
Claire Noyce +44 20 3764 2341 Hybridan LLP Joint Broker
------------------------------ ----------------------- ------------------
Damon Heath +44 207 186 9952 Shard Capital Partners Joint Broker
LLP
------------------------------ ----------------------- ------------------
Zainab Slemang zainab@lifacommunications.com Lifa Communications Investor and
van Rijmenant Media Relations
Consultant
------------------------------ ----------------------- ------------------
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
19 January 2024
Corporate and Designated Adviser
River Group
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END
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