Tue, 22nd Dec 2020 18:06 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Lekoil Ltd - Lagos-headquartered oil exploration and production company with interests in Nigeria and offshore Namibia - Says arguments made by Metallon Corp Ltd, which requisitioned general meeting of Lekoil shareholders, are "specious and designed to distract from their true intentions". Lekoil says it has never been against making board changes. "The board considers the requisitioned resolutions to be no more than an ill-disguised attempt by Metallon to gain control of your company without paying a price to all shareholders," Lekoil adds. Company explains that should Metallon's proposals be passed, the shareholder's appointees will represent 50% of Lekoil's board and will also have a casting vote. "The board does not believe that it would be appropriate for a 15% shareholder, to enjoy that level of board representation and control over the company. Metallon has been a shareholder for less than six months," Lekoil adds.