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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Lekoil Limited | LEK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.95 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.95 | 0.95 |
| Top Posts |
|---|
Posted at 08/12/2022 07:46 by bri15 Do LEK shareholders get anything? i can't make head or tail of it |
Posted at 16/5/2022 11:20 by zengas I've had no bother buying or selling stock via Aquis. I'm not invested in LEK however only interested from a SAVE perspective.Full list of brokers - |
Posted at 16/5/2022 07:16 by technowiz Notice of application for admission to the Aquis Stock Exchange and Cancellation of Admission to trading on AIM.LEKOIL (AIM: LEK), announces that it has applied for admission of its Ordinary Shares to trading on the Access segment of the AQSE Growth Market operated by the Aquis Stock Exchange (AQSE). It is expected that admission will occur on 18 May 2022 and that trading will commence on AQSE as soon as the audited accounts for the Company are released to the market, expected to be by the end of June 2022. never heard of AQSE. Any traded shares on this exchange before and if so through which brokers? |
Posted at 05/5/2022 09:12 by napoleon 14th Legal news today describes Lekoil Nigeria as acting "ultra vires", or :acting or done beyond one's legal power or authority, & "ex parte", or : done with respect to or in the interests of one side only or of an interested outside party. I don't know how successfaul SAVE & LEK are going to be in stopping this "sting". It's as if Nigeria's reputation wasn't bad enough.... |
Posted at 07/4/2022 12:47 by technowiz RNS Number : 6763HLekoil Limited 07 April 2022 7 April 2022 Lekoil Limited ("LEKOIL" or the "Company") Cayman winding up petition LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, notes that further to the announcement of 6 April 2022 related to the Nigeria court process, it has received a winding up petition for the Company filed by Mr. Akinyanmi (the "Petition"). The Petition is based on alleged "oppressive conduct" by the Company, its directors and certain shareholders in "seeking to engineer a takeover of the Company" and in breaching certain intercompany financing and management agreements. The Company will take appropriate legal advice so it can defend the claim. Further announcements will be made as appropriate. Anthony Hawkins, the Company's Interim Executive Chairman commented: "The Company will take the appropriate legal steps to defend the Company from the Petition, which it considers unmerited and without foundation. We note that Mr. Akinyanmi's previous ex-parte injunction, which addressed similar issues, was discharged by the Cayman Court and that Mr. Akinyami has not, to date, progressed further with that claim. This winding up petition, also by Mr. Akinyanmi, is at odds with the public statements of Lekoil Nigeria (of which he is CEO) that it wishes to act in the best interests of shareholders. Instead, by way of this petition, Mr. Akinyanmi wishes to wind up the Company, the effect of which would clearly be detrimental to the Company's shareholders. As such, the Company will vigorously defend the claim, continue with the work necessary to have the Company's shares unsuspended and continue with the steps necessary to recover its investments in the Lekoil Group." |
Posted at 01/4/2022 07:32 by honestmarty Lekoil Nigeria have issued a statementA pathetic offer on the Mayfair loan, with a future payment which will never be made. Lekoil Nigeria are clearly rattled. They are terrified of the EGM vote. I’m very hopeful the long suffering LEK shareholders are finally going to get some financial relief, and see justice served on a bunch of crooks. Watch this space. |
Posted at 11/3/2022 16:57 by technowiz 11 March 2022Lekoil Limited ("LEKOIL" or the "Company") Convertible Facility Agreements conversion election - Total Voting Rights LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides an update further to the Company's announcement of 28 February 2022, in respect of the Amended & Restated CFA1 ("CFA 1"), the Savannah Convertible Facility Agreement ("CFA 2") and the Tripartite Agreements. The Company notes that the lenders under CFA 1 and CFA 2 have now elected to convert all or part of their Outstanding Amounts into fully paid ordinary shares of the Company ("Shares") as follows: Amended & Restated CFA1 - Lenders 42,000,000 Shares ("CFA1 Shares") CFA 2 Lender 157,134,400 Shares ("CFA2 Shares") The Company has now completed the allotment and issuance of the Shares pursuant to those elections. Following the issuance of the Shares, there are no Outstanding Amounts under CFA 1 and the Outstanding Amount under CFA 2 is £100,000. Pursuant to the Tripartite Agreements, the Company has also completed the allotment and issuance of 22,863,356 Shares (the "Tripartite Agreement Shares") to satisfy the obligations thereunder. As trading in the Company's Shares remain suspended, application is not currently being made for the CFA1 Shares, CFA2 Shares and Tripartite Agreement Shares issued today, to be admitted to trading on AIM ('Admission'). whats it all mean then for us shareholders? |
Posted at 10/3/2022 19:52 by sunbed44 The Lek appeal against Lek Nigeria was being heard in court today. Hopefully hear the outcome soon. |
Posted at 05/3/2022 10:28 by irexit Savannah . Who are they? They are a vulture fund. They charge massive lending fees and at least 25% compound fees.Companies who use them cannot raise funds, so Savannah is a lender of last resort for desperate borrowers.Desperate Directors of Lek are trying to raise cash to pay Judgments against Lek and legal fees incurred.So, how can we remove the Directors of Lek who are not acting in the best interest of the company.Lek shares if listed are valued well in excess of 15 p given oil demand and the present price of oil. Savannah are in a process , if the share deal proceeds will make 10 million. Can we guess who will be the main beneficiaries???Fing |
Posted at 29/10/2020 08:04 by ianio5691 Interesting RNS....Lekoil Limited Strategic Alliance Agreement with NAMCOR Strategic Alliance Agreement with NAMCOR Exploration and Production LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and Africa, today announces that it has entered into a Strategic Alliance Agreement ("SAA") with NAMCOR Exploration and Production (PTY) Limited ("NAMCOR E&P") through its subsidiary, LEKOIL Exploration & Production (PTY) Namibia Limited ("LEKOIL Namibia" or the "Subsidiary"). NAMCOR E&P, a subsidiary of the national oil company of Namibia, namely the National Petroleum Corporation of Namibia Pty Limited ("NAMCOR"), seeks to invest capital in the acquisition of interests in well-managed oil producing assets in politically stable jurisdictions as a means of securing long-term sustainability. The SAA will leverage the technical capabilities of the respective parties towards the joint evaluation and acquisition of low-risk quick-to-production oil and gas assets across Africa. LEKOIL has a long-standing history in Namibia with its holding of an 80 per cent. stake in LEKOIL Namibia, providing an entitlement to 90 per cent. of income distributed by the Subsidiary. LEKOIL Namibia previously owned a 77.5 per cent Participating Interest in two Namibian offshore exploration blocks (Blocks 2514A and 2514B) and continues to maintain a strong relationship with NAMCOR. Lekan Akinyanmi, LEKOIL's CEO, commented, "We are excited by this opportunity to work with NAMCOR again in evaluating and subsequently investing and developing high value assets within Africa. We look forward to benefitting from the synergies of this partnership as we share our considerable technical experience in oil and gas development and production in Africa." Immanuel Mulunga, NAMCOR's Managing Director, added, "We will greatly leverage from LEKOIL's wealth of experience in operating and managing oil producing assets, as well as its deep knowledge of key African markets. At the same time, I believe LEKOIL will benefit from strategic commercial relationships that NAMCOR, as a national oil company, enjoys with a number of oil majors." |
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