REG - Seplat Energy PLC - M&P Sells Stake in Seplat Energy

Seplat EnergyAnnouncement

02/01/2026 07:15

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RNS Number : 3623N  Seplat Energy PLC  02 January 2026

 

Seplat Energy Plc

("Seplat Energy" or the "Company")

 

Etablissements Maurel & Prom S.A. Sells 20.07% Stake in Seplat Energy to
Heirs Energies Limited

Lagos and London, 2 January 2026: Seplat Energy Plc ("Seplat Energy" or the
"Company"), a leading Nigerian independent energy company listed on both the
Nigerian Exchange and London Stock Exchange notes the public announcement
made by one of its founding investors, Etablissements Maurel & Prom S.A.
("M&P"), regarding the proposed sale of its 20.07% equity interest in
Seplat Energy to Heirs Energies Ltd ("Heirs Energies"). Reference to the
publication is provided below:

https://www.maureletprom.fr/en/documents/download/1844/sale-of-m-ps-20-07-interest-in-seplat-energy-to-he
(https://www.maureletprom.fr/en/documents/download/1844/sale-of-m-ps-20-07-interest-in-seplat-energy-to-he)
.

The Company will provide further updates once formal notification is received
in line with regulatory requirements.

For: Seplat Energy Plc

 

 

Eleanor Adaralegbe

Chief Financial Officer

 

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.

Following the acquisition of Mobil Producing Nigeria Unlimited, Seplat
Energy's enlarged 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) NGL recovery plant. We operate two
gas processing plants onshore, at Oben in OML 4 and Sapele in OML 41, and are
soon to open the 300 MMscfd ANOH Gas Processing Plant in OML 53 as a 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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