Kibo Energy PLC

Board/Management Information • Jul 18, 2024

National Storage Mechanism | Additional information

RNS Number : 9378W

Kibo Energy PLC

18 July 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: 18 July 2024

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

Appointment of Director

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, announces that further to its RNS announcement of 5 July 2024, Mr. Clive Roberts has now been appointed to the Kibo board as a director and non-executive Chairman effective today.

Clive Charles Herbert Roberts (Aged 61 ) had a 30-year career in investment banking, including 22 years at ABN AMRO Hoare Govett, and has spent the last 10 years investing in startups and AIM companies. He has helped raise many millions of investment funds for multiple companies and his market experience will be extremely valuable to KIBO going forward.

The following details in relation to the appointment of Mr. Clive Roberts, Age 61 , are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current Directorships & Former Directorships within last five years.

Current Directorships	Directorships within last five years
Laserpod Ltd	Afonydd Cymru Cyfyngedig
CCH Roberts Trading Limited
West Wales River Trust
Finsac LLP

Mr. Roberts and his Related Parties currently hold 185,638,590 shares in the Company (3.02% of Issued Share Capital) and 78,000,000 Company warrants. Mr. Roberts is also the beneficiary of a convertible loan from Kibo Energy, which on conversion will result in the issue of 1,620,095,238 Shares, equating to an interest of 15.22% in Kibo following completion of all creditor conversions announced on Kibo RNS of 27 June 2024. Mr. Roberts will also receive an additional 1,620,095,238 Company warrants commensurate with the loan conversion.

There are no further details to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.

**ENDS**

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

Cobus van der Merwe	info@kibo.energy	Kibo Energy PLC	Executive Officer
James Biddle Roland Cornish	+44 207 628 3396	Beaumont Cornish Limited	Nominated Adviser
Claire Noyce	+44 20 3764 2341	Hybridan LLP	Joint Broker
James Sheehan	+44 20 7048 9400	Global Investment Strategy UK Limited	Joint Broker

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

18 July 2024

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

BOAGPUBWMUPCURR