FG Withdraws/Discontinue Immigration Suit Against Seplat Energy And Its Directors

Seplat Energy has said that, it has become aware of the Notice of Withdrawal/Discontinuance of the legal action that was previously instituted at the Federal High Court sitting in Abuja, by the Nigeria Immigration Service (acting for the Federal Government of Nigeria) against the Company and some of its Directors and Officers.

According to the Notice of Withdrawal/Discontinuance of the action dated 6 April 2023, and issued by the Director Legal Services of the Nigeria Immigration Service, stated in part that “the Claimant hereby discontinues all the proceedings in this charge against the above-named Defendants”.

Seplat Energy Plc in a statement signed by the company’s board Chairman, Mr. Basil Omiyi, said the Company will continue to engage with the Ministry of Interior to bring closure to the false allegations presented to the Ministry as a result of which the residency status of its Chief Executive Officer was withdrawn.

The Company also refers to its Announcement of 6 April 2023 confirming that the Federal High Court sitting in Lagos had vacated the ex parte Interim Orders against Seplat, its CEO and its Board Chairman, including the orders that restrained the Chief Executive Officer, Mr. Roger Brown from participating in the running of the Company.

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“This announcement is made further to the Company’s announcement of 13 March 2023 and pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer’s Rule).

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.

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