TIDMSEPL

RNS Number : 7873R

Seplat Energy PLC

09 November 2021

Seplat Energy Plc ("Seplat Energy" or the "Company")

Interim Orders of Mareva Injunctions granted in the court action by Zenith Bank PLC against Shebah Exploration & Production Company Limited and Others

Lagos and London - 9(th) November 2021 : Seplat Energy has been made aware of the ex parte Interim Orders of Mareva Injunctions which were granted by the Federal High Court sitting in Lagos, Nigeria in a court action instituted by Zenith Bank PLC against Shebah Exploration & Production Company Limited and 8 others, with an additional 29 cited parties.

The Interim Orders give an administrative mandate to Seplat Energy Plc and others not to deal with the assets of (or transfer funds to) Shebah Exploration & Production Company Limited, Shebah Petroleum Development Company Limited and Dr. A.B.C. Orjiako. The order has no impact on the operations of Seplat Energy. We understand the injunction relates to loans made by Zenith Bank PLC to Shebah Exploration & Production Company Limited in 2014.

- ENDS -

FOR: SEPLAT ENERGY PLC.

MRS. EDITH ONWUCHEKWA

DIRECTOR LEGAL/COMPANY SECRETARY

Enquiries:

Seplat Energy Plc

   Emeka Onwuka,          Chief Financial Officer 
   Chioma Nwachuku,     Director, External Affairs and Communications 
   Edith Onwuchekwa,    Company Secretary and Legal Director 

Carl Franklin, Head of Investor Relations +234 (01) 277 0400

FTI Consulting Ben Brewerton / Tom Reynolds +44 (0) 203 727 1000 seplat@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCGIBDBXBGDGBC

(END) Dow Jones Newswires

November 09, 2021 03:15 ET (08:15 GMT)

Seplat Energy (LSE:SEPL)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Seplat Energy.
Seplat Energy (LSE:SEPL)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Seplat Energy.