Lekoil Limited Provides Corporate update

Source: www.gulfoilandgas.com 12/15/2021, Location: Africa

LEKOIL, 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").

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.


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