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 | 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 | Lifa Communications | Investor and Media Relations Consultant |
Johannesburg
31 July 2023
Corporate and Designated Adviser
River Group
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