FORTE OIL PLC-
INVITATION FOR EXPRESSION OF INTEREST FOR THE ACQUISITION OF FORTE OIL PLC’S SHAREHOLDING IN AMPERION POWER DISTRIBUTION COMPANY LIMITED

FORTE OIL PLC
13, WALTER CARRINGTON CRESCENT, VICTORIA ISLAND, LAGOS, NIGERIA
INVITATION FOR EXPRESSION OF INTEREST FOR THE ACQUISITION OF FORTE OIL PLC’S SHAREHOLDING IN AMPERION POWER DISTRIBUTION COMPANY LIMITED

1. Forte Oil PLC (“Forte”) owns 57% of the share capital in Amperion Power Distribution Company Limited (“Amperion”). In furtherance of its strategic objectives, Forte has decided to divest its shareholding in Amperion and has appointed Vetiva Capital Management Limited (“Vetiva”) as its Financial Adviser and Banwo & Ighodalo (“B&I”) as Legal Advisers on the divestment (the “Transaction”).