Heirs Energies buys 6 million shares in Seplat Energy stock

Published on 10/01/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Heirs Energies holds 27,943,867 shares. Seplat Energy stock costs EUR 8.98 versus EUR 8.93, plus 0.56 percent, on October 1, 2026.

SEPLAT, NGSEPLAT0008, Illustration mit AI erstellt.

Heirs Energies bought 6,000,000 shares in Seplat Energy on September 30, 2026, making the transaction the latest ownership signal for Seplat Energy stock. According to TradingView, Heirs Energies is controlled by non-executive director Tony Elumelu.

Ownership reaches 21.07 percent

The September 30 purchase lifted Heirs Energies' direct holding to 27,943,867 shares. Entities controlled by Elumelu now hold 126,400,000 shares, equal to 21.07 percent of Seplat Energy's 599,944,561 issued shares, according to TradingView. The reported transaction price was GBP 8.87 per share in London.

That disclosure matters because the ownership increase came after a strong operating first half. It also gives the market a concrete reference point for insider-connected buying without implying that the purchase determines the stock's direction.

First-half cash generation rises

In the first half of 2026, Seplat Energy reported revenue of USD 1.8 billion, up 30 percent year over year, according to the company's earnings-call transcript carried by Yahoo Finance. Free cash flow reached USD 526 million in the same period, nearly matching the full-year 2025 total cited during the call.

Management also reported adjusted full-year dividend guidance of USD 0.45 per share after declaring USD 0.12 for the second quarter. The figures link the ownership event to a business with stronger cash conversion, although production and oil prices remain key variables for the second half.

London quote remains below yearly high

Seplat Energy is listed on the London Stock Exchange under SEPL.L. The primary-market quote was GBp 769.00 at 9:25 a.m. BST on October 1, 2026, within a 52-week range of GBp 238.00 to GBp 892.00.

The finance data snapshot put the company's market capitalization at GBP 4.6 billion on October 1, 2026. The wide gap between the current London quote and the yearly high keeps the ownership announcement in a valuation context rather than making it a standalone price catalyst.

Seplat Energy stock trades at EUR 8.98

Seplat Energy stock was trading at EUR 8.98 at Lang & Schwarz on October 1, 2026 at 10:33 a.m. CEST, plus 0.56 percent versus the prior close of EUR 8.93 on September 30, 2026. The daily move stayed below the threshold for a directional headline, while the latest shareholder filing supplies the article's concrete event.