Lekoil Appoints SP Angel as its Joint Broker

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LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces today that it has appointed SP Angel Corporate Finance LLP to act as the Company’s Joint Broker with immediate effect.

SP Angel is an independent partnership providing creative, capital markets solutions to growing companies.

On July 15, 2020, the company announced the resignation of its previous joint broker Numis Securities Limited due to its exit from the natural resources sector.

In a statement made available to Brand Spur, Lekoil said,

Following the exit of Numis Securities Limited (“Numis”) from the natural resources sector, Numis will cease to act as the Company’s Joint Broker with immediate effect. The Company intends to appoint a second broker to act alongside Mirabaud Securities Limited in due course and will update the market accordingly.”

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SP Angel supports clients with a full range of expertise and services covering ongoing regulatory advice, IPOs and secondary placings, M&A transactions and corporate structuring.

With an established reputation for market reach and successful execution of mandates, SP Angel has a strong track record across many key sectors including, Mining, Oil & Gas, Healthcare, Technology and Special Situations. The long-term client relationships SP Angel develop enable us to partner with its clients to help drive the growth of the businesses through rapidly changing market conditions.

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SP Angel is a Member of the London Stock Exchange, an AIM Nominated Adviser and Broker and a NEX Exchange Corporate Adviser and is authorised and regulated by the Financial Conduct Authority (FCA).

LEKOIL’s African activities are centralised through a group holding company structure based in the Cayman Islands.

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