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Kibo Energy (KIBO) Share News

AIM WINNERS & LOSERS: Kooth wins USD1.5 million deal, plans buyback

24th Dec 2024 10:22

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More

Kibo Energy suspension on AIM lifted as interim loss shrinks

24th Dec 2024 09:35

(Alliance News) - Kibo Energy PLC on Tuesday returned to the London Stock Exchange's AIM after suspension as the cash shell recorded a narrowed loss following an "extensive" restructuring. Read More

Kibo Energy expects AIM return after releasing 2023 financial books

23rd Dec 2024 14:31

(Alliance News) - Kibo Energy PLC said on Monday it expects the suspension of its shares to be lifted now that it has released its financial results. Read More

Kibo Energy secures loan after terminating reverse takeover attempt

3rd Dec 2024 10:26

(Alliance News) - Kibo Energy PLC on Tuesday said it has terminated its bid to acquire a portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, citing time constraints. Read More

IN BRIEF: Kibo Energy shareholders okay acquisition of green projects

11th Oct 2024 13:33

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Says its shareholders have approved its proposed acquisition of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million. Kibo asked its shareholders to vote on the deal at an extraordinary general meeting on Friday. Read More

UK shareholder meetings calendar - next 7 days

4th Oct 2024 15:58

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IN BRIEF: Kibo Energy sells Mast Energy stake to partially settle loan

1st Oct 2024 08:57

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Sells remaining 19.5% interest in Mast Energy Developments PLC to shareholder and creditor RiverFort Global Opportunities PCC Ltd to partially settle a loan of GBP462,871. Sells 83.2 million Mast shares for GBP120,074, 0.14 pence per share, reducing the outstanding balance on the RiverFort loan to GBP342,797. RiverFort owns around a 3.3% shareholding in Kibo. Read More

IN BRIEF: Kibo Energy signs agreement to sell Cyprus unit Kibo Mining

19th Sep 2024 15:47

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Signs an agreement to dispose of its wholly owned Cyprus subsidiary Kibo Mining (Cyprus) Ltd. This disposal is one of the conditions after Kibo agreed to acquire a diverse portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, or around ZAR7.86 billion. Says it will seek shareholder approval for the disposal at a general meeting. Read More

Kibo Energy agrees to acquire green projects for EUR400 million

16th Sep 2024 14:11

(Alliance News) - Kibo Energy PLC said on Monday it has inked a binding term sheet to acquire a diverse portfolio of renewable energy projects across Europe and Africa from Swiss-registered ESGTI AG for EUR400 million, or around ZAR7.86 billion. Read More

IN BRIEF: Mast Energy first refurbished genset lifts revenue in July

12th Sep 2024 11:29

Mast Energy Developments PLC - developer of reserve power generation plants - Reports that first refurbished 2.7-megawatt generator set, or genset, at its Pyebridge flexible power plant generated revenue amounting to GBP66,000 in July, up 16% from GBP57,000 previously reported following receipt of imbedded benefits. Preliminary revenue for August is GBP46,000 before receipt of imbedded benefits. Read More

Mast Energy interim loss shrinks amid refurbishment at power plant

30th Aug 2024 10:42

(Alliance News) - Mast Energy Developments PLC reported on Friday that it reduced its interim loss as the company carried out maintenance and refurbishment at its Pyebridge power plant. Read More

FTSE Russell to remove certain companies on suspension of dealing rule

23rd Aug 2024 20:42

(Alliance News) - FTSE Russell on Friday said a number of companies will be removed from the FTSE Russell Index after being suspended for 40 business days without an indication of resumption. Read More

IN BRIEF: Kibo unit Mast Energy starts to revamp second generator set

20th Aug 2024 10:35

Mast Energy Developments PLC - developer of reserve power generation plants - Starts to refurbish its second generator set, or genset, at its Pyebridge flexible power plant in Derbyshire, England. Says RiverFort Global Opportunities PCC Ltd has agreed to provide GBP1.1 million to fund this second genset overhaul, as part of a third advance against the project finance agreement. In February, RiverFort committed to an initial funding facility up to GBP4.0 million. Read More

IN BRIEF: Mast Energy shares rally as new generator set earns revenue

7th Aug 2024 13:48

Mast Energy Developments PLC - developer of reserve power generation plants - Says its first refurbished generator set, or genset, achieves GBP56,689 in revenue in first month of its operation at its Pyebridge flexible power plant in Derbyshire, England. The refurbished genset started commercial operation on July 1. Mast says it has carefully monitored the refurbished genset to ensure optimal performance. Read More

IN BRIEF: Kibo Energy completes share placing; Williams has 28% stake

6th Aug 2024 08:33

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Converts GBP263,334 of debt into equity at a 0.0084 pence per share. Of this, Non-Executive Director Clive Roberts is issued 1.62 billion shares for a GBP136,088 loan. In addition, former CEO Louis Coetzee converts GBP243,244 in outstanding remuneration to shares at the same price. Read More

UK shareholder meetings calendar - next 7 days

18th Jul 2024 16:09

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IN BRIEF: Kibo Energy formally appoints Clive Roberts as new chair

18th Jul 2024 11:36

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Formally appoints Clive Roberts as its new chair. Late last moth, Kibo named Roberts, a shareholder in Kibo, as a non-executive director and chair as part of the board shake-up. Early this month, picked as Cobus van der Merwe as an interim chief executive officer. Van der Merwe is the chief financial officer. It also said Louis Coetzee retired as the CEO. Read More

IN BRIEF: Kibo Energy names Cobus van der Merwe as chief executive

5th Jul 2024 07:41

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Appoints Cobus van der Merwe as an interim chief executive officer. Van der Merwe is the chief financial officer. Says Louis Coetzee retires as the CEO. These board changes are effective immediately and are partially completed. Notes that Clive Roberts will be appointed to the board in due course when regulatory approval is completed. Late last moth, Kibo named Roberts, a shareholder in Kibo, as a non-executive director and chair. Read More

Kibo Energy suspended from London's AIM; Mast Energy eyes acquisition

1st Jul 2024 11:51

(Alliance News) - Kibo Energy PLC said on Monday London's AIM temporarily has suspended trading in its shares on Monday for failing to publish accounts & admission of the placing shares by Sunday. Read More

IN BRIEF: Kibo Energy raises GBP350,000 through share placing

27th Jun 2024 12:21

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Conditionally raises GBP350,000 via a placing of 4.17 billion new shares at 0.0084 pence each. The entire placing has been raised through the investor Peter Sion Williams. The placing shares will be settled in two tranches, with 1.78 billion shares settling immediately. Says 2.38 billion shares will settle after shareholder at a general meeting to be held as soon as possible after settlement of tranche one. Read More

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