Kibo Energy PLC

AGM Information • Sep 30, 2021

National Storage Mechanism | Additional information

RNS Number : 5680N

Kibo Energy PLC

30 September 2021

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 Consequently Resolutions 3 and 4 on the Notice of AGM were withdrawn by the Chairman.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-tion #	Summary Resolution	Votes cast For & With Discretion		Votes cast Against			Votes Withheld
		Number	%	Number	%	Number
---	---	---	---	---	---	---	---
1.	To receive, consider and adopt the accounts for the year ended 31 December 2020 and the Directors' and Auditor's Reports thereon.	301,176,876	99.99	9,319	0.01	11,063,059
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Resolutions 3 & 4 were withdrawn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 the Company to allot relevant securities.	300,331,049	99.93	225,146	0.07	11,693,059
6.	That the Directors be and are hereby empowered pursuant to Section 1023(3) of the Companies Act, 2014 to allot equity securities.	300,461,049	99.93	225,146	0.07	11,563,059

**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 / Stephen Allen	+44 (0) 20 3440 6800	RFC Ambrian Limited	NOMAD on AIM
Isabel de Salis / Oonagh Reidy	info@stbridespartners.co.uk	St Brides Partners Ltd	Investor and Media Relations Adviser

Johannesburg

30 September 2021

Corporate and Designated Adviser

River Group

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