Corporate Update

RNS Number : 7240V

Lekoil Limited

15 December 2021

 

15 December 2021

Lekoil Limited

("LEKOIL" or the "Company")

Corporate update

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes the announcement by Lekoil Nigeria dated 15 December 2021 with respect to an offer to acquire the ordinary shares in the Company ("Shares") (the "Lekoil Nigeria Announcement" and the "Offer"). 

A copy of the Lekoil Nigeria Announcement can be found on the Company's website at www.lekoilplc.com .

The Company will liaise with its Nominated Advisor, legal counsel, broker and shareholders in the coming days to address the issues raised by the Offer.

The Offer is governed by Cayman law and the City Code on Takeovers and Mergers does not apply to the Offer.

For further information, please visit www.lekoilplc.com or contact:

SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) Jeff Keating / Stuart Gledhill	[phone]
Tennyson Securities (Joint Broker) Peter Krens / Edward Haig-Thomas	[phone]

 

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