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Update on Moroccan industry review
Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75
24 March 2021
Vivo Energy plc
LSE:VVO / JSE:VVO
Update on Moroccan industry review
Vivo Energy notes an announcement in Morocco with the conclusions of the ad-hoc committee
(“Committee”) formed by the Royal Cabinet to review the procedural elements of the Conseil de la
Concurrence’s (“CDC”) investigation of the fuel marketing industry.
The Committee concluded that the CDC investigation “was marked by numerous procedural
irregularities” and experienced “an obvious deterioration in the climate of deliberations”. A new
President has now been appointed to lead the CDC. The full announcement can be found at:
http://www.mapnews.ma/en/activites-royales/statement-royal-office-61.
Vivo Energy Maroc continues to believe that it has conducted its operations in accordance with
applicable competition laws, rules and regulations at all times.
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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 2,300 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.
Vivo Energy plc has a primary listing on the London Stock Exchange, and is a member of the FTSE 250 index, with a secondary
inward listing on the Johannesburg Stock Exchange.
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: 24-03-2021 09:00:00
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