5th Dec 2022 13:15
Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Agrees a further extension of five months months for the redemption date of the convertible loan note, with all noteholders. The new redemption date in now February 28. The further extension includes notes in aggregate of GBP657,985.
Back in January, Kibo announced that it had settled outstanding fees owing to directors and managers by the issue of a 7% convertible loan note redeemable instrument.
London current stock price: 0.16 pence, unchanged on Monday
12-month change: down 27%
Current stock price in Johannesburg: ZAR0.04
12-month change: down 50%
By Artwell Dlamini; [email protected]
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