By Damilare Adeleye
Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting (AGM) virtually on Wednesday, May 20, 2026.
During the meeting, shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the Chairman of Heirs Holdings, Tony Elumelu, as a non-executive director.
This was disclosed in a notice dated February 25, 2026, and signed by the Company Secretary, Mrs. Edith Onwuchekwa.
The company listed several items on the agenda, including the presentation of its audited financial statements for the year ended December 31, 2025, alongside reports from the directors, auditors, and the statutory audit committee.
Shareholders will also vote on the declaration of a final dividend recommended by the board for the 2025 financial year, as well as the reappointment of PricewaterhouseCoopers (PwC) as external auditors until the following AGM.
The board is also seeking authorization to fix the auditors’ remuneration.
As part of the proposed board changes, shareholders are expected to ratify the appointment of Mr. Larry Ettah as an independent non-executive director and Mr. Elumelu as a non-executive director.
In addition, Mr. Udoma Udo Udoma and Mr. Christopher I.N. Okeke, both independent non-executive directors retiring by rotation will be presented for re-election.
Other matters scheduled for the meeting include the disclosure of managers’ remuneration and the election of shareholder representatives to the statutory audit committee.
Seplat Energy Plc is a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange.
This AGM comes amid ongoing crude price volatility and an increased focus on gas development as operators align with Nigeria’s medium-term energy transition objectives.