6th Aug 2020 12:17
Kibo Energy PLC - Africa-focused energy firm - UK subsidiary Sloane Developments Ltd has acquired the remaining 40% interest in Mast Energy Developments Ltd that it didn't already own from St Anderton on Vaal Ltd in exchange for 36.9 million shares in Sloane. Sloane will be renamed Mast Energy Developments PLC with Kibo holding a 74% interest and St Anderton 26%.
Current stock price: London shares at 0.22 pence, Johannesburg shares at ZAR0.10
Year-to-date change: LSE shares down 94% JSE shares down 91%
By Dayo Laniyan; [email protected]
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