Kibo Energy PLC

Capital/Financing Update • Apr 1, 2022

National Storage Mechanism | Additional information

RNS Number : 8329G

Kibo Energy PLC

01 April 2022

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")

Dated: 01 April 2022

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

Convertible Instrument Further Extension of Redemption Date

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy focused development company wish to announce that further to the RNS dated 1 March 2022, the Company has agreed a further extension of three months for the Redemption Date of the Convertible Instrument, with all remaining Noteholders (the "Further Extension"). The new extended Redemption Date will now be 1 July  2022. The Further Extension includes Notes in aggregate of £657,985.

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

**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	JSE Corporate and Designated Adviser
Claire Noyce	+44 (0) 20 3764 2341	Hybridan LLP	Joint Broker
Damon Heath	+44 207 186 9952	Shard Capital Partners LLP	Joint Broker
Bhavesh Patel / Stephen Allen	+44 20 3440 6800	RFC Ambrian Ltd	NOMAD on AIM
Sewela Makgolane	sewela@lifacommunications.com	Lifa Communications	Investor and Media Relations Adviser

Johannesburg

01 April 2022

Corporate and Designated Adviser

River Group

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCSDEFIFEESEFD