KIBO ENERGY PLC - Update on Broker

Update on Broker

 Kibo Energy PLC (Incorporated in Ireland)
 (Registration Number: 451931)
 (External registration number: 011/007371/10)
 Share code on the JSE Limited: KBO
 Share code on the AIM: KIBO
 ISIN: IE00B97C0C31
 (“Kibo” or “the Company”)


Dated: 6 August 2019


                            Kibo Energy Plc (‘Kibo’ or the ‘Company’)
                                          Update on Broker


Kibo Energy plc, the multi-asset Africa-focused energy company, notes from the news story published
on the Financial Conduct Authority ("FCA") website on 5 August 2019 that the directors of SVS
Securities Plc (“SVS”) have placed SVS into Special Administration. The FCA’s announcement
disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and
restricting it from disposing of its own or its clients’ assets. SVS were a joint broker to Kibo however
as a result of these developments SVS will no longer be able to provide broking services to Kibo.


First Equity Limited will continue to act as sole broker to Kibo Energy.


                                              **ENDS**


For further information please visit www.kibo.energy or contact:


      Louis Coetzee            info@kibo.energy           Kibo Energy PLC           Chief Executive Officer
                                                                                   Corporate and Designated
      Andreas Lianos          +27 (0) 83 4408365             River Group
                                                                                        Adviser on JSE
     Jason Robertson         +44 (0) 20 7374 2212        First Equity Limited               Broker

     Andrew Thomson            +61 8 9480 2500         RFC Ambrian Limited             NOMAD on AIM

      Isabel de Salis /                                                           Investor & Media Relations
                             +44 (0) 20 7236 1177       St Brides Partners Ltd
       Gaby Jenner                                                                          Adviser

This announcement contains inside information as stipulated under the Market Abuse Regulations
(EU) no. 596/2014 ("MAR").

Johannesburg
06 August 2019
Corporate and Designated Adviser
River Group

Date: 06/08/2019 08:20:00
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