I&M Group PLC shareholders have approved key resolutions during an extraordinary general meeting (EGM), which included the authorization of 86.5 million new shares and an increase in share capital. Additionally, East Africa Growth Holding will subscribe to these new shares, and amendments were made to the company's articles concerning investor rights, reserved matters, and representation. Separately, Seplat Energy has completed its $1.28 billion acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. This acquisition, in which Seplat holds 20.46% of shareholding through Maurel & Prom, is seen as a significant step in the company's growth strategy.