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Update on MED Definitive and Binding JVA

31 Jul 2023 07:00

RNS Number : 6433H
Kibo Energy PLC
31 July 2023
 

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: 31 July 2023

 

Kibo Energy PLC ('Kibo' or the 'Company')

 

Kibo Subsidiary Mast Energy Developments ("MED"): Update on Definitive and Binding Joint Venture Agreement

 

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable-energy-focused development company notes the expected date for completion of the MED transaction, as notified on 12 July 2023, was 28 July 2023. The Company understands that MED is working to finalise this as soon as practicable.

 

**ENDS**

 

For further information please visit www.kibo.energy or contact:

 

Louis Coetzee

info@kibo.energy

Kibo Energy PLC

Chief Executive Officer

James Biddle Roland Cormish

+44 207 628 3396

Beaumont Cornish Limited

Nominated Adviser

Claire Noyce

+44 20 3764 2341

Hybridan LLP

Joint Broker

Damon Heath

+44 207 186 9952

Shard Capital Partners LLP

Joint Broker

Zainab Slemang van Rijmenant

zainab@lifacommunications.com

Lifa Communications

Investor and Media Relations Consultant

 

Johannesburg

31 July 2023

Corporate and Designated Adviser

River Group

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