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IN BRIEF: Kibo Energy extends redemption date of convertible loan note

1st Apr 2022 07:41

Kibo Energy PLC - Africa- and UK-focused energy project company - Agrees to further extend for three months the redemption date of the convertible loan note with all remaining noteholders. The new extended redemption date will now be July 1. The further extension includes notes in aggregate of GBP657,985. Kibo Energy is settling outstanding fees owing to directors and management by the issue of a 7% convertible loan note redeemable instrument.

Current London stock price: 0.16 pence

12-month change: down 61%

Current Johannesburg stock price: ZAR0.06

12-month change: down 33%

By Artwell Dlamini; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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