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Investegate |Kibo Energy PLC Announcements | Kibo Energy PLC: TR-1: Notification of major holdings
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Kibo Energy PLC (LSE:KIBO) | RNS | Kibo Energy PLC - Result of Extraordinary General Meeting
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Kibo Energy PLC ( Kibo or the Company ), is delighted to announce, further to the RNS dated 28
th January 2021, Mast Energy Developments Plc (MED) has raised in excess of £5m through Clear Capital Markets Ltd for its upcoming IPO on the Official List of the London Stock Exchange plc ( London Stock Exchange or LSE ) by way of a Standard Listing, which on listing will have a market capitalisation of c. £23 million. MED will now proceed with final submissions to the FCA and will revert in due course with the publication of the final prospectus which will include listing date details. Initial demand has exceeded expectations and the fundraise has now closed. This confirms Kibo s belief that the UK clean energy sector is an exciting investment case going forward. We look forward to further updates from MED regarding existing projects being brought into production in the very near term, as well as any acquisitions of further projects, on their way to bec