One of the key resolutions that was passed was the company’s change of name to Kibo Energy Public Limited Company (Kibo Energy PLC or Kibo Energy). This has been approved by shareholders and is to become effective upon receipt of confirmation of name change from the Registrar of Companies. Trading in the company’s shares under the new name is anticipated to take effect from the day following Receipt, with both to be announced in due course. The company’s TIDM will remain KIBO.
The company believes that the new name, Kibo Energy completes the company’s transformation from a resources company to a full-fledged energy company, positioning itself as a strategic and leading energy provider in sub-Sahara Africa.
