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Update on Moroccan industry investigation
Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75
29 July 2020
Vivo Energy plc
LSE:VVO / JSE:VVO
Update on Moroccan industry investigation
Vivo Energy notes that an independent commission has been formed to review the Conseil de la
Concurrence, following receipt of allegations regarding its process and conduct in arriving at a
recommended penalty of a fine of 8% of annual Moroccan turnover against the industry.
Vivo Energy welcomes the formation of the commission, as we believe that Vivo Energy Maroc has
conducted its operations in accordance with applicable competition laws, rules and regulations at all
times.
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This announcement contains inside information, which is disclosed in accordance with the Market
Abuse Regulation.
Notes to editors:
Media contacts: Investor contact:
Vivo Energy plc Vivo Energy plc
Rob Foyle, Head of Communications Giles Blackham, Head of Investor Relations
+44 7715 036 407 +44 20 3034 3735 / +44 7714 134 681
rob.foyle@vivoenergy.com giles.blackham@vivoenergy.com
Tulchan Communications
Martin Robinson, Suniti Chauhan
+44 20 7353 4200
vivoenergy@tulchangroup.com
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 2,200 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. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of
sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs
around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and
Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.
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 announcement. 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.
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Date: 29-07-2020 02:05:00
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