Seplat chairman, Omiyi, addresses purported court order suspending AGM

Seplat Energy has denied reports that the Federal High Court in Abuja has restrained the oil and gas company from holding its 2023 Annual General Meeting (AGM).

Reports had circulated during the week that the Federal High Court in Abuja ruled that Seplat shouldn’t hold its annual general meeting as it could tamper with the case filed by Boniface Okezie and four others against Seplat Energy and nine others, in suit no: FHC/ABJ/PET/8/2023.

Seplat board chairman, Basil Omiyi, in a document obtained on Friday, but dated May 4, which was sent to the company’s shareholders, said the reports are a deliberate attempt to misinform the public and misrepresent the court proceedings.