REG - Seplat Energy PLC - Corporate Announcement on Board Changes.

Seplat EnergyAnnouncement

22/01/2026 13:30

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RNS Number : 0085Q  Seplat Energy PLC  22 January 2026

 

 

 

Seplat Energy Plc ("Seplat Energy" or the "Company")

Corporate Announcement on Board Changes.

Lagos and London - 22 January 2026: Following the Company's prior announcement
regarding the sale of Etablissements Maurel et Prom SA ("M&P") 20.07%
shareholding in Seplat to a combination of Heirs Holdings Limited and Heirs
Energies Limited, the Board of Seplat Energy today announces the resignation
of Mr. Olivier Cleret De Langavant as a Non-Executive Director effective 22
January 2026. Mr. Langavant, who joined the Board on 28 January 2020 as a
nominee of M&P, has rendered exceptional service throughout his tenure,
providing strategic technical counsel and invaluable insights that have
materially supported the Company's progress.

The Board is pleased to announce the appointment of Mr. Tony O. Elumelu, CFR
as a Non-Executive Director on the Board effective 22 January 2026.  Mr.
Elumelu is a distinguished African investor and philanthropist, globally
recognized as one of the most prominent voices on Africa's transformation
agenda. He is the Founder and Chairman of Heirs Holdings, a diversified
investment company with interests across strategic sectors of the African
economy, including energy, power, banking, insurance, technology, real estate,
hospitality, and healthcare.

He also serves as Chairman of United Bank for Africa (UBA) Group, Heirs
Energies, Transcorp Group, whose subsidiaries include Transcorp Power, and
Transcorp Hotels Plc, Nigeria's foremost hospitality brand.

In 2010, he established The Tony Elumelu Foundation (TEF), the leading
philanthropy dedicated to empowering African entrepreneurs across all 54
African countries. His global influence has been widely acknowledged,
including recognition as one of TIME Magazine's 100 Most Influential People in
the World (2020) and the conferment of the Commander of the Order of the
Federal Republic (2022).

He also serves on several global boards, including UNICEF's Generation
Unlimited Global Leadership Council and the International Monetary Fund's
Advisory Council on Entrepreneurship and Growth.

We are confident that Mr. Elumelu's extensive experience and visionary
leadership will significantly advance Seplat Energy's strategic objectives and
reinforce the Company's commitment to sustainable growth and long-term
success.

Please join us in expressing our deepest gratitude to Mr.  Langavant for his
outstanding service and welcoming Mr. Elumelu to the Board.

 

Mr. Udoma Udo Udoma, Chairman of Seplat Energy, commented: "On behalf of the
Board and Management, I wish to express our profound appreciation to Mr.
Langavant for his outstanding contribution to Seplat Energy over the past six
years. His expertise and commitment have been instrumental in driving our
strategic initiatives. We warmly welcome Mr. Elumelu to the Board and look
forward to leveraging his wealth of experience and leadership as we continue
to pursue sustainable growth and value creation for all stakeholders."

-  ENDS -

 

For: Seplat Energy Plc

 

 

Mrs. Edith Onwuchekwa

Director Legal/Company Secretary

 

 

Enquiries:

 Seplat Energy Plc
 Eleanor Adaralegbe,  Chief Financial Officer
 Chioma Afe,          Director External Affairs and Social Performance
 Edith Onwuchekwa,    Director Legal/Company Secretary
 James Thompson,      Head of Investor
                      Relations
 FTI Consulting       Ben Brewerton / Chris Liang
                                              +44 (0) 203 727 1000
                      seplatenergy@fticonsulting.com (mailto:seplatenergy@fticonsulting.com)

 

 

 

About Seplat Energy

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed
on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the
Main Market of the London Stock Exchange (LSE: SEPL). Through our strategy to
Build a sustainable business and Deliver energy transition, we are
transforming lives by delivering affordable, reliable and sustainable energy
that drives social and economic prosperity.

Seplat Energy's portfolio consists of eleven oil and gas blocks in onshore and
shallow water locations in the prolific Niger Delta region of Nigeria, which
we operate with partners including the Nigerian Government and other oil
producers. Furthermore, we have an operated interest in three export terminals
including the Qua Iboe export terminal and Yoho FSO, as well as an operated
interest in the Bonny River Terminal (BRT), and operate two large offshore NGL
recovery plants at Oso and EAP.

We operate three gas processing plants onshore, at Oben in OML 4 and Sapele in
OML 41 and the 300 MMscfd ANOH Gas Processing Plant in OML 53, an integrated
joint venture with NGIC. Combined, these gas facilities augment Seplat
Energy's position as a leading supplier of natural gas to the domestic power
generation market.

For further information please refer to our website,
https://www.seplatenergy.com/ (https://www.seplatenergy.com/)

 

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