In a move that has caught the attention of the financial markets, Kibo Energy PLC’s Chief Operating Officer, Mr. Louis Scheepers, has executed a substantial share trade, underscoring his confidence in the company’s trajectory and its commitment to sustainable energy solutions. The transaction, which took place on Friday, August 4, 2023, is a significant step in Kibo’s journey as a key player in the renewable energy sector.
The share trade, meticulously executed on the London Stock Exchange’s AIM market, involved the sale of a remarkable 45,000,000 ordinary shares of €0.0001 each in Kibo Energy PLC (ISIN: IE00B97C0C31 / Share code on AIM: KIBO). These shares were traded at a price of £0.0005 per share, resulting in an aggregated transaction value of note. The specifics of this pivotal share trade are provided in the table below:
|Description||Type of Instrument||Identification Code||Nature of Transaction||Price per Share (GBP)||Volume||Aggregated Information||Date of Transaction||Place of Transaction|
|Ordinary Shares||€0.0001 each||IE00B97C0C31 / KIBO||Sale of Securities||£0.0005||45,000,000||N/A||4 August 2023||London Stock Exchange/AIM|
This transaction has been conducted with full adherence to the Market Abuse Regulations (EU) no. 596/2014, a cornerstone of the regulatory framework governing financial markets. Kibo Energy PLC remains steadfast in its commitment to corporate transparency and accountability, upholding the principles of responsible governance.
This share trade is an emphatic testament to Kibo Energy PLC’s strategic direction and the pivotal role that its executive leadership plays in realizing the company’s goals. By aligning his personal holdings with the company’s mission, Mr. Scheepers’ actions send a resounding message of confidence in Kibo’s future.
Kibo Energy PLC continues to make strides in the renewable energy sector, working towards innovative and sustainable solutions to address the world’s energy challenges. The share trade conducted by Mr. Scheepers serves as a reaffirmation of the company’s dedication to its mission and its position as a transformative force in the industry.