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IN BRIEF: Kibo Energy shares stay suspended amid reverse takeover bid

ALN

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Kibo Energy shares remain suspended on the AIM market in London and the Johannesburg Stock Exchange, after missing Wednesday’s deadline to publish its 2025 result. Kibo says it is in ‘advanced negotiations’ for a reverse takeover. Kibo is a cash shell and must make a reverse takeover within a timeframe set by AIM.

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