Equally, the firm disclosed that 99 per cent of its shareholders approved the reelection of Marco D’Attanasio and Thomas Richardson as a directors, as well as the deferral of the 2022 annual general meeting.
LEADERSHIP reports that this is coming after Lekoil Nigeria Limited, in December announced that it has reached agreement with Lekoil Limited (Lekoil Cayman), a Cayman Islands litigation asset company with an investment in oil & gas assets in Nigeria, to terminate all legal proceedings and settle all claims made by or between the parties.
The parties have been in dispute since early 2020 in connection with a number of matters including the rights of Lekoil Cayman under the shareholders agreement in respect of the Company, the various inter-company loans granted by Lekoil Cayman to Lekoil Nigeria and its related entities.
