Heirs Energies buys 6 million shares in Seplat Energy stock

Published on 10/18/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Heirs Energies now holds 27,943,867 shares after September 30. For Seplat Energy stock, 2026 production outlook is 135,000 to 155,000 boepd.

Share purchase and production outlook

Heirs Energies bought 6,000,000 Seplat shares on September 30, 2026.
First-half production averaged 139,509 boepd against 134,492 boepd a year earlier.
Seplat Energy will consider third-quarter results on October 28, 2026.
The London quote was GBp 828.00 on October 16, 2026.

SEPLAT, NGSEPLAT0008, Illustration mit AI erstellt.

Seplat Energy (NGSEPLAT0008) disclosed that Heirs Energies bought 6,000,000 shares on September 30, 2026, lifting the related holdings to 126,400,000 shares, or 21.07 percent of the company. The transaction was reported by FT.com from the company announcement dated September 30, 2026.

Shareholding reaches 21.07 percent

Heirs Energies, controlled by Tony Elumelu, now holds 27,943,867 shares directly. The combined position of Heirs Energies and Heirs Holdings rose to 126,400,000 shares, based on Seplat's issued share count of 599,944,561, according to FT.com. The disclosure identifies the transaction price as GBp 887.00 per share and the venue as London.

Production remains inside guidance

For the first half of 2026, Seplat reported average production of 139,509 barrels of oil equivalent per day, compared with 134,492 boepd in the first half of 2025. In the second quarter of 2026, production reached 149,070 boepd versus 137,207 boepd in the second quarter of 2025, according to Simply Wall St. Management kept the 2026 production outlook at 135,000 to 155,000 boepd.

What dates matter next?

Seplat Energy is scheduled to consider its unaudited third-quarter 2026 results on October 28, 2026, according to Simply Wall St. Tony Elumelu is expected to assume the chairmanship on January 1, 2027, after the planned retirement of Udoma Udo Udoma, as reported by Billionaires Africa.

London quote and valuation context

The latest quoted price was GBp 828.00 for Seplat Energy on the London Stock Exchange on October 16, 2026 at 4:35 p.m. London time. The same quotation showed a 52-week range of GBp 238.00 to GBp 892.00, placing the price GBp 64.00 below the yearly high.

The further course of trading is shown by the continuously updated real-time quote of Seplat Energy stock.