business
Elumelu acquires additional £53.2m shares in Seplat
Summary by The Lagos Editorial Desk Urowayino Jeremiah , as published by Vanguard
· October 5, 2026
· 1 min read
Photo: Vanguard · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Urowayino Jeremiah, as published by Vanguard Original story Read at the source Source published Oct 5, 2026 Indexed here Oct 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points Heirs Energies Limited purchased six million shares for £53. The transaction was conducted on September 30, 2026, and a notice was filed with the Nigerian Exchange Limited.
A significant transaction has taken place involving Seplat Energy Plc. Heirs Energies Limited purchased six million shares for £53.2 million. The shares were bought at £8.87 each. This acquisition increases Heirs Energies' direct holding in Seplat.
The total number of shares held by Heirs Energies and Heirs Holdings Limited now stands at 126.4 million, representing a substantial voting interest. Further information about this transaction is available, including details of the companies involved and their interests in Seplat.
The transaction was conducted on September 30, 2026, and a notice was filed with the Nigerian Exchange Limited.
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Category: business Published: October 5, 2026 Source: Vanguard Reading time: 1 min
Frequently asked about this story
What is this story about? A significant transaction has taken place involving Seplat Energy Plc. Heirs Energies Limited purchased six million shares for £53.2 million. The shares were bought at £8.87 each. This acquisition…
When was this published? This article was first published on October 5, 2026 by Vanguard and curated for The Lagos readers.
Who reported this story? This story was reported by Urowayino Jeremiah at Vanguard. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Lagos, or browse our daily briefing and topic hubs .
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