External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Equity Bottom-Up

<ul><li>The total consideration at closing for the acquisition of Mobil Producing Nigeria Unlimited (‘MPNU’) is $800 million.</li><li>Since SEPLAT initially deposited $128 million in 2022, the outstanding/final consideration is now $672 million.</li><li>The balance will be fully funded from cash and debt facilities, and no new equity will be raised to finance the deal.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The total consideration at closing for the acquisition of Mobil Producing Nigeria Unlimited (‘MPNU’) is $800 million.Since SEPLAT initially deposited $128 million in 2022, the outstanding/final consideration is now $672 million.The balance will be fully funded from cash and debt facilities, and no new equity will be raised to finance the deal.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Seplat Energy Pl - Flash Note - SEPLAT ACQUISITION OF MPNU

SEPLAT Energy

Seplat Energy Pl - Flash Note - SEPLAT ACQUISITION OF MPNU