LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces the appointment of SP Angel Corporate Finance LLP as its nominated adviser with immediate effect. SP Angel will also continue to act as the Company’s joint broker alongside Mirabaud Securities Limited.
The Company’s shares have been suspended since 23 November 2020 due to the resignation of the Company’s previous nominated adviser. Following the appointment of SP Angel, restoration of trading in the Company’s shares will take effect from 7.30 am on 23 December 2020.
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.
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.