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VVO Vivo Energy Plc

149.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vivo Energy Plc LSE:VVO London Ordinary Share GB00BDGT2M75 ORD USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 149.40 150.00 150.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vivo Energy PLC Statement re Media Report in Morocco (8415E)

08/07/2019 3:45pm

UK Regulatory


Vivo Energy (LSE:VVO)
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TIDMVVO

RNS Number : 8415E

Vivo Energy PLC

08 July 2019

8 July 2019

Vivo Energy plc

LSE:VVO / JSE:VVO

Media Report in Morocco

Vivo Energy plc notes a 6 July 2019 media report in Morocco citing engagement between the Conseil de la Concurrence (Competition Council) and industry participants, as part of its ongoing investigation into the competitive dynamics of the Moroccan fuel retailing industry.

We take compliance with the laws and regulations of the jurisdictions in which we operate seriously and are co--operating fully with the Conseil de la Concurrence.

Ends

Notes to editors:

 
 Media contacts:                      Investor contact: 
  Vivo Energy plc                      Vivo Energy plc 
  Rob Foyle, Head of Communications    Giles Blackham, Head of Investor 
  +44 7715 036 407                     Relations 
  rob.foyle@vivoenergy.com             +44 20 3034 3735 
                                       giles.blackham@vivoenergy.com 
  Tulchan Communications 
  Martin Robinson, Suniti Chauhan 
  +44 20 7353 4200 
  vivoenergy@tulchangroup.com 
 

This announcement contains inside information, which is disclosed in accordance with the Market Abuse Regulation.

About Vivo Energy:

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,100 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services (e.g. oil change and car wash). It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport and manufacturing. Jet fuel is sold to customers under the Vitol Aviation brand.

The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity. The Group's joint venture, Shell and Vivo Lubricants B.V., sources, blends, packages and supplies Shell-branded lubricants at plants in six countries.

For more information about Vivo Energy, please visit www.vivoenergy.com

Forward-looking statements

This announcement includes forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Company's control and all of which are based on the Directors' current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as: "believe", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "continues", "assumes", "positioned", "anticipates" or "targets" or the negative thereof, other variations thereon or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this report and include statements regarding the intentions, beliefs or current expectations of the Directors or the Group concerning, among other things, the future results of operations, financial condition, prospects, growth, strategies of the Group and the industry in which it operates.

No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the Group. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed, or implied in such forward-looking statements.

Such forward-looking statements contained in this report speak only as of the date of this report. The Company and the Directors expressly disclaim any obligation or undertaking to update these forward-looking statements contained in the document to reflect any change in their expectations or any change in events, conditions, or circumstances on which such statements are based, unless required to do so by applicable law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 08, 2019 10:45 ET (14:45 GMT)

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