Response to Media Reports

RNS Number : 7422V
Seplat Energy PLC
11 August 2022
 

 

 

 

 

Seplat Energy Plc

("Seplat Energy" or the "Company")

Response to media reports

 

Lagos and London - 11 August 2022: Seplat Energy has become aware of a news report that Ministerial Approval of the Company's proposed acquisition of the entire share capital of Mobil Producing Nigeria Unlimited ("MPNU") has been withdrawn.

Seplat Energy has received no official notification of such a decision and is seeking clarification from the relevant authorities. We will continue to work with all parties to achieve a successful outcome to the proposed acquisition and will provide an update in due course.

This announcement is made pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer's Rule).

Responsibility for publication

This announcement has been authorised for publication on behalf of Seplat Energy by Emeka Onwuka, Chief Financial Officer, Seplat Energy Plc.

Signed:

Letter Description automatically generated with medium confidence

 

 

 

Emeka Onwuka

Chief Financial Officer

 

 

Enquiries:

Seplat Energy Plc


Emeka Onwuka, Chief Financial Officer

+234 1 277 0400

Edith Onwuchekwa, Director Legal/Company Secretary

 

Chioma Nwachuku, Director External Affairs & Sustainability

 

Carl Franklin, Head of Investor Relations


Ayeesha Aliyu, Investor Relations




 

 

 


FTI Consulting


Ben Brewerton / Christopher Laing

+44 203 727 1000

seplatenergy@fticonsulting.com



Citigroup Global Markets Limited


Tom Reid / Luke Spells

+44 207 986 4000



Investec Bank plc


Chris Sim / Charles Craven / Jarrett Silver

+44 207 597 4000

Notes to editors

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed on the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL).

Seplat Energy is pursuing a Nigeria-focused growth strategy through participation in asset divestments by international oil companies, farm-in opportunities, and future licensing rounds. The Company is a leading supplier of gas to the domestic power generation market. For further information please refer to the Company website, http://seplatenergy.com/

 

 

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