Seplat Energy Plc ("Seplat Energy" or the "Company")
Response to Allegations of Impropriety
Lagos and London - 10 August 2022: Seplat Energy has become aware of news and social media reports alleging impropriety in the process of securing ministerial consent to the acquisition of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.
Such reports are wholly untrue and the Company will pursue legal action against any parties involved in disseminating false information related to its business.
This announcement is made pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer's Rule).
Inside Information
Some of the information contained within this announcement is considered by Seplat Energy to constitute inside information, as defined under the EU Market Abuse Regulation, EU No.596/2014. By the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
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:
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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Disclaimer
Seplat Energy plc published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 16:20:07 UTC.