MDPPACPB Regulations

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    •    Annual Turnover (last 3 years): 
    •    Market Segments Participated In: 
    •    Licences Held under the Petroleum Industry Act: 
 
B2. Target Party (or Parties): 
    •    Legal Name: 
    •    Business Address: 
    •    Shareholding Structure (Pre-merger): 
    •    Parent Companies and Ultimate Beneficial Owners: 
    •    Principal Activities in the Petroleum Sector (Midstream/Downstream): 
    •    Licences Held under the PIA: 
    •    Annual Turnover (last 3 years): 
    •    Market Segments Participated In: 
    •    Key Infrastructure Owned/Controlled (e.g., depots, pipelines, gas 
distribution networks): 
 
B3. Other Parties (Joint Venture Partners, Minority Owners, etc.): 
    •    Provide legal names, roles, and shareholdings. 
 
SECTION C: TRANSACTION STRUCTURE AND PURPOSE 
 
C1. Description of the Transaction: 
Provide a detailed narrative including: 
    •    Form of the transaction (share purchase, asset transfer, merger, etc.) 
    •    Corporate steps to be undertaken 
    •    Nature and degree of control being acquired 
    •    Whether full-function joint venture or partial acquisition 
    •    Transfer of operational control, voting rights, or board influence 
 
C2. Transaction Rationale and Strategic Purpose: 
Explain the commercial rationale (e.g., market expansion, infrastructure 
optimization, downstream integration). 
 
C3. Value of Transaction: 
    •    Purchase Price/Transaction Value (in Naira/USD): 
    •    Basis of Valuation: 
    •    Attach Sale and Purchase Agreement (SPA), Memorandum of 
Understanding (MoU), Board Resolutions, or other legal documents. 
 
C4. Timing: 
    •    Expected Timeline for Closing: 
    •    Regulatory and Shareholder Approvals Required (Local and 
International): 
    •    Any Conditions Precedent: 
 
SECTION D: MARKET IMPACT AND COMPETITIVE ASSESSMENT