Kibo Energy

Kibo Energy said its shares will be delisted from AIM with effect from Sunday at 07:00 after the conditions for a reverse takeover transaction announced on 1 July 2026 were not met. Trading had already been suspended since 14 April 2025; the company was unable to complete the RTO within the timeframe set by the exchange, leading to the termination of the listing. After the delisting there will be no public market for the ordinary shares on AIM, although shareholders will retain their ownership. Kibo Energy is in talks about a secondary listing on the JSE and is considering alternative transactions and a possible IPO, but stresses that these negotiations are at an early stage and there is no certainty they will be completed. » Altro su de.investing.com

Kibo Energy has relocated its registered office in Dublin from 17 Pembroke Street Upper to 3rd Floor, 76 Baggot Street Lower. The change took effect immediately and is purely administrative; operations and management remain unchanged. The company is registered in Ireland under registration number 451931 and is listed on the AIM in London and the JSE in Johannesburg. » Altro su de.investing.com

Kibo Energy has received the first tranche of a convertible bond from an institutional investor to begin work on the announced reverse takeover of Carbon Resilience. The funds will finance due diligence and the preparation of admission documents; the remainder is expected to arrive around 29 October. Kibo plans further fundraising, likely via an additional convertible bond, to cover working capital and remaining RTO costs. Details on terms and the investor’s identity were not disclosed. » Altro su de.investing.com