Notice of Withdrawal/Discontinuance of Immigration Suit against Seplat Energy and Its Directors

Seplat Energy is pleased to announce 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.

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

The Company continues to engage with the Ministry of Interior to bring closure to the false allegations presented to the Ministry because of which the residency status of its Chief Executive Officer was withdrawn.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.

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).