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Convertible Instrument Extension of Redemption Date

Published: 2022-03-01 12:00:00 ET

Kibo Energy PLC (JSE:KBO) News - Convertible Instrument Extension of Redemption Date

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   info@kibo.energy                 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       Joint Broker
                                                 Partners LLP

Bhavesh Patel / +44 20 3440 6800                 RFC Ambrian Ltd     NOMAD on AIM
Stephen Allen

Sewela          sewela@lifacommunications.com    Lifa Communications Investor and Media Relations Adviser
Makgolane


Johannesburg
01 March 2022
Corporate and Designated Adviser
River Group

Date: 01-03-2022 02:00:00
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.