25th Jun 2024 08:28
Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Reports that London's AIM will suspend trading in its shares from Monday for failing to publish accounts & admission of the placing shares by Sunday. Says it is working "diligently" to have the accounts ready for publication at the end of July to early August.
Kibo also says the placing shares announced on Thursday last week will now happen in two tranches: the first tranche of 2.40 billion shares will be admitted to trading on AIM on Thursday as originally planned. The second tranche, 1.00 billion shares, will be admitted at the time trading in its shares on AIM resumes.
Stock price in Johannesburg: 0.01 rand cent
12-month change: down 50%
Stock price in London: 0.011 pence
12-month change: down 82%
By Artwell Dlamini, Alliance News reporter
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