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 March 2022
Kibo Energy PLC ('Kibo' or the 'Company')
Convertible Instrument 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 7 January 2022, the Company has agreed an extension of one month for the Redemption Date of the Convertible Instrument, with all but one of the Subscribers to the Notes (the "Extension"). The new extended Redemption Date will now be 1 April 2022. The Extension includes Notes in aggregate of £657,985, from the total amount of £672,824. The amount of £14,839 will be settled in cash, in accordance with the terms of the Convertible Instrument announced on 07 January 2022.
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 | 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 | Lifa Communications | Investor and Media Relations Adviser |
Johannesburg
01 March 2022
Corporate and Designated Adviser
River Group
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