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Regulatory Story
Company Kibo Energy PLC
TIDM KIBO
Headline Update on Broker
Released 07:20 06-Aug-2019
Number 0543I07

RNS Number : 0543I
Kibo Energy PLC
06 August 2019
 

Kibo Energy PLC (Incorporated in Ireland)

(Registration Number: 451931)

(External registration number: 011/007371/10)

Share code on the JSE Limited: KBO

Share code on the AIM: KIBO

ISIN: IE00B97C0C31

("Kibo" or "the Company")

 

Dated: 6 August 2019

 

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

Update on Broker

 

Kibo Energy plc, the multi-asset Africa-focused energy company, notes from the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019 that the directors of SVS Securities Plc ("SVS") have placed SVS into Special Administration. The FCA's announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients' assets.  SVS were a joint broker to Kibo however as a result of these developments SVS will no longer be able to provide broking services to Kibo.

 

First Equity Limited will continue to act as sole broker to Kibo Energy.

 

**ENDS**

 

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

 

Louis Coetzee

info@kibo.energy

Kibo Energy PLC

Chief Executive Officer

Andreas Lianos

+27 (0) 83 4408365

River Group

Corporate and Designated Adviser on JSE

Jason Robertson

+44 (0) 20 7374 2212

First Equity Limited

Broker

Andrew Thomson

+61 8 9480 2500

RFC Ambrian Limited

NOMAD on AIM

Isabel de Salis /

Gaby Jenner

+44 (0) 20 7236 1177

St Brides Partners Ltd

Investor & Media Relations Adviser




 

This announcement contains inside information as stipulated under the Market Abuse Regulations

(EU) no. 596/2014 ("MAR").

 

Johannesburg

06 August 2019

Corporate and Designated Adviser

River Group


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