Seplat definition
Examples of Seplat in a sentence
It is based on the average share price at 1 month, 2 months, 3 months and 4 months prior to 8 October 2015 (date on which the figures have been calculated for the boards of directors of MAUREL & PROM and MPI dated 15 October 2015 and having approved the Agreement), i.e. EUR 1.16 per Seplat share (or GBP 0.8440 at an average EUR/GBP exchange rate over the same period of 0.725).
This is based on the average share price at 1 month, 2 months, 3 months and 4 months before 8 October 2015 (date on which the figures have been calculated for the boards of directors of MAUREL & PROM and MPI dated 15 October 2015 which approved the Agreement), i.e., EUR 1.16 per Seplat share (or GBP 0.8440 based on the average EUR/GBP exchange rate of 0.725 over the same period).
The actual value of MPI’s stake in Seplat has been determined at EUR 140 million.