Kibo Energy PLC

Capital/Financing Update • Mar 1, 2023

National Storage Mechanism | Additional information

RNS Number : 3831R

Kibo Energy PLC

01 March 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: 1 March 2023

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 5 December 2022, the Company has agreed a further extension of three months (from the 28 February 2023) for the Redemption Date of the Convertible Instrument, with all Noteholders (the "Further Extension"). The new extended Redemption Date will now be 31 May 2023. 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
James Biddle Roland Cornish	+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

1 March 2023

Corporate and Designated Adviser

River Group

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