SEC Form 3 · accession 0001580695-17-000354
Erin Energy Corp. · ERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Oltasho Nigeria Ltd
Officer — Chairman
Latmol Investment Ltd
Officer — Chairman
Alhaji Murhi Busari
10% Owner
Period of report
Apr 3, 2017
Accepted (ET)
Aug 11, 2017 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001402281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | holding | — | — | — | 117,624,760 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Alhaji Murhi Busari, is the indirect beneficial owner of the 116,108,833 shares of common stock held by Oltasho Nigeria Limited due to his position as Chairman of Oltasho Nigeria Limited. Alhaji Murhi Busari, is the indirect beneficial owner of the 1,515,927 shares of common stock held by Latmol Investment Limited due to his position as Chairman of Latmol Investment Limited. Mr. Busari disclaims beneficial ownership of any of the shares held by Oltasho Nigeria Limited or Latmol Investment Limited, except to the extent of any pecuniary interest therein. Oltasho Nigeria Limited and Latmol Investment Limited are party to a voting agreement with Dr. Kase Lawal, pursuant to which Mr. Lawal holds voting rights to the shares held by such entities.