Managem Group (Casablanca Stock Exchange: MNG) today announced the acquisition of 100% of the share
capital of Sound Energy Meridja Limited (“SEML”), a wholly-owned subsidiary of Sound Energy Plc and holder
of a 20% participating interest in the Tendrara exploitation concession. This transaction is consistent with the
Group’s long-term investment strategy in low-carbon energy solutions, including natural gas.
Through this transaction, Managem continues to build its gas platform and strengthens its positioning in the
development of energy solutions designed to support the Kingdom's industrial growth. This acquisition is
part of a sustainable value creation strategy, contributing to the security of energy supply, the strengthening
of national industrial competitiveness, and the gradual reduction of energy import dependency.
