Lekoil Nigeria Ltd

UPDATE RE: OFFER TO ACQUIRE LEKOIL LIMITED SHARES

RNS Number : 0466Y
Lekoil Nigeria Limited
11 January 2022
 

 

11 January 2022

 

Lekoil Nigeria Limited

("Lekoil Nigeria")

 

UPDATE RE: OFFER TO ACQUIRE LEKOIL LIMITED SHARES AND POTENTIAL SHARE EXCHANGE

(The Offers")

 

 

LAGOS, Nigeria. 11 January 2022

 

Lekoil Nigeria has today written to Lekoil Limited requesting that it instructs Computershare, Lekoil Limited's registrars, to co-operate with Lekoil Nigeria in respect of the Offers.

Lekoil Nigeria has made a number of requests directly to Computershare but to no avail.  Lekoil Nigeria is receiving strong indications of interest in the Offers but recognises that shareholders are unable to accept the Offers at this time.

In view of the difficulties faced by shareholders, and pending a response from Lekoil Limited, the Board of Lekoil Nigeria has decided that the deadline for acceptances should be extended by one month, to Thursday 17 February 2022. All other terms and conditions of the Offers remain the same.

In the interim, if any shareholder wishes to accept the Cash Offer they are invited to send an email message to [email protected] and  Lekoil Nigeria will provide instructions for the immediate direct acquisition of their shares.

 

For further information, please contact:

 

LEKOIL Nigeria Limited

Hamilton Esi, Corporate Communications

 

+234 810 642 1047

 

 

Hudson Sandler (Financial PR)

Mark Garraway

 

+44 (0)7771 860938

 

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