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RNS Number : 3393B
Seplat Petroleum Development Co PLC
29 January 2020
 

Seplat Petroleum Development Company Plc

("Seplat" or "the Company")

Corporate Actions

Lagos and London - January 29, 2020: The following announcement is being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules and Rule 9.6.11 of the UKLA Listing Rules.

 

Resignation of a Non-Executive Director: The Board of Directors of SEPLAT today announces the retirement of Mr. Michel Hochard as a Non-Executive Director of the Company. Mr. Hochard in his role as the Chief Executive officer of Maurel & Prom ("M&P") was appointed to the Board of SEPLAT in 2009 as a nominee of M&P and served meritoriously before his retirement.

 

Appointment of a Non-Executive Director: Following the retirement of Mr. Hochard as the Chief Executive Officer of M&P and from the Board of SEPLAT, the Board is pleased to announce the appointment of Mr. Olivier de Langavant (who is now the Chief Executive Officer of M&P) as a Non-Executive Director of the Company effective January 28, 2020. Mr. Langavant now replaces Mr. Hochard as a nominee of M&P on the Board of the Company.

 

Mr. Langavant who is presently the Chief Executive Officer of M&P holds an Engineering degree from the National School of Mines of Paris. He has served in various capacities within the Total Group which include: Senior Vice President, Operations in the Netherlands; Deputy Managing Director, Total E&P Angola; Managing Director, Total E&P Myanmar; Managing Director, Total E&P Angola; Senior Vice President, Finance, Economics & Information Systems of Total's (E&P) branch; and Senior Vice President E&P Strategy, Business Development and R&D.

 

The SEPLAT Board of Directors is indeed privileged to have him on board and look forward to his immense contribution towards the continued success of the Board and Company.

 

-  ENDS  -

Enquiries

Seplat Petroleum Development Company Plc


Roger Brown, CFO

+44 (0) 203 725 6500

Edith Onwuchekwa, Company secretary

+234 (01) 277 0400

 

 







FTI Consulting


Ben Brewerton / Sara Powell

 

+44 (0) 203 727 1000


seplat@fticonsulting.com

 



Notes to editors

Seplat Petroleum Development Company Plc is a leading indigenous Nigerian oil and gas exploration and production company with a strategic focus on Nigeria, listed on the Main Market of the London Stock Exchange ("LSE") (LSE:SEPL) and Nigerian Stock Exchange ("NSE") (NSE:SEPLAT).

Seplat is pursuing a Nigeria focused growth strategy and is well-positioned to participate in future divestment programmes by the international oil companies, farm-in opportunities and future licensing rounds.  For further information please refer to the company website, http://seplatpetroleum.com/

 


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