Proposed acquisition of Kerogen Capital’s 30% shareholding in Energean Israel Limited

Energean plc has entered into a conditional Sale and Purchase Agreement with Kerogen Investments No.38 Limited, an affiliate of Kerogen Capital, for the proposed acquisition of Kerogen’s 30% shareholding in Energean Israel Limited (EISL), which would result in Energean owning 100% of EISL’s share capital