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Seplat holds court-ordered AGM today

The Board Chairman of Seplat Energy Plc, Mr. Basil Omiyi (CON), has assured that the company will hold its scheduled Annual General Meeting (AGM) today,…

The Board Chairman of Seplat Energy Plc, Mr. Basil Omiyi (CON), has assured that the company will hold its scheduled Annual General Meeting (AGM) today, May 10, 2023, in compliance with the final and binding judgment of an Abuja Federal High Court.

An Abuja Federal High Court yesterday delivered a final and binding Judgment, ordering Seplat Energy Plc to hold its scheduled Annual General Meeting (AGM).

The judgment, delivered by Justice A.R. Mohammed J in suit number FHC/ABJ/PET/7/2023 – Akinnifesi & Adelaja V. Seplat Energy Plc – ‘further restrains any current or former directors, shareholders, and officers of the company from canceling or postponing the AGM as announced to the public”.

Mr. Omiyi in a statement said in due compliance with the law and the judgement, its AGM will hold on 10th May 2023 at 11:00 am, as expressly ordered by the Federal High Court of Nigeria.

According to him, the announcement on the AGM “is made pursuant to Rule 17.10 of the Rulebook of the Nigerian Exchange, 2015 (Issuer’s Rule)”.

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