Court Orders Seplat to Hold AGM

Lagos and London – 9 May 2023: Seplat Energy announces that the Federal High Court, per A.R. Mohammed J, sitting in Abuja in Suit number FHC/ABJ/PET/7/2023 – Akinnifesi & Adelaja V. Seplat Energy Plc has delivered a final and binding Judgment, ordering the Company to hold its AGM on 10th May 2023 (“Judgment”).

The Judgment further restrains any current or former directors, shareholders and officers of the Company from cancelling or postponing the AGM as announced to the public.

Seplat Energy therefore states that, in due compliance with the Law and the Judgement, its AGM will hold on 10th May 2023 at 11:00am, as expressly ordered by the Federal High Court of Nigeria.

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 by Mr. Basil Omiyi, Independent Chairman, on behalf of the entire Board of Seplat Energy PLC.  

Signed: Mr. Basil Omiyi CON

Board Chairman

Hot this week

SanlamAllianz Nigeria Launches Proud Moments 2.0, Celebrates Achievements Worth Protecting

Riding on the resounding success of its foundational debut,...

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Heirs Insurance Group Celebrates 1,000 Retirees at Lagos Meeting

Heirs Insurance Group, Nigeria's fastest-growing insurance group, reaffirmed its...

Topics

NCDMB, UBEC Ink MoU on Smart Schools Initiative

The Nigerian Content Development and Monitoring Board (NCDMB) and...

ITU Unveils Global Platform for Smart Cities

The International Telecommunications Union has launched the first...

The Business of Staying Relevant: How Personal Branding Creates Career Longevity

    By Teddy Esosa Don-Momoh (Teddiizzle) Life has taught me that...

Mutual Benefits Pays ₦13.6bn Claims in Q1 2026, Reinforcing Trust in Insurance

Mutual Benefits Assurance Plc has announced the payment of...

Experts to Discuss Infrastructure Financing at FICAN Conference

The President/Chief Executive of the Africa Finance Corporation (AFC),...

Enron: The Fall of A Wall Street Darling

Enron is a company that reached dramatic heights, only to face a dizzying collapse. The story ends with the bankruptcy of one of America's largest corporations. Enron's collapse affected the lives of thousands of employees, many pension funds and shook Wall Street to its very core. To this day, many wonder how a company so big and so powerful disappeared almost overnight. How did it manage to fool the regulators and the Wall Street community for so long, with fake off-the-books corporations?

MTN to Sack Hundreds over Prolonged Strike

Africa's biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday. Citing unnamed sources close to the company, the Business Report newspaper said MTN would go through with layoffs as the strike had shown the company could do without some of its workforce.