Kibo Energy PLC (AIM:KIBO; AltX:KBO), the multi-asset, Africa-focused, energy company, is pleased to announce that the change of name to Kibo Energy PLC has become effective immediately on the AIM and the name change will follow the below timetable on the JSE.

Last day to trade under current name:  Tuesday, 6 August 2018

List and trade under new name on JSE system:  Wednesday, 7 August 2018

Record date for JSE purposes:  Friday, 10 August 2018

CSDP’s and brokers accounts updated:  Monday, 13 August 2018

Kibo would also like to confirm that no action is required by shareholders and the share code on the AIM and JSE, CUSIP number, as well as the ISIN and UK SEDOL will not change. The Company is also in the process of updating its website and all other communication platforms to reflect the name change.

With three power projects in development in Tanzania, Botswana and Mozambique, the Company believes that its new name more accurately reflects its strategy focused on building a leading position in the African power market.

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