Brief: Maurel Et Prom Sells Stake In Seplat Energy To Heirs Energies For $496 Mln

Etablissements Maurel et Prom SA

31/12/2025 06:56

Dec 31 (Reuters) - Etablissements Maurel et Prom SA MAUP.PA:

SALE OF M&P’S 20.07% INTEREST IN SEPLAT ENERGY TO HEIRS ENERGIES FOR $496 MILLION

SALE IS AT A PRICE OF 305 PENCE PER SHARE WITH AN INITIAL PAYMENT OF $248 MILLION AND THE BALANCE PAYABLE WITHIN 30 DAYS

ADDITIONAL CONTINGENT CONSIDERATION OF $10 MILLION MAY BECOME PAYABLE, SUBJECT TO SHARE PRICE PERFORMANCE OVER THE NEXT SIX MONTHS

Source text: ID:nNDL7jlSgq

Further company coverage: [MAUP.PA, SEPLAT.LG]

 (Gdansk Newsroom)

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