CHAIRMAN of Seplat Energy, Mr Udoma Udo Udoma, has purchased an additional 32,500 shares in the company, increasing his stake in the company to 0.00935 percent.
Following the purchase, Mr. Udoma owns 55,071 shares in Seplat Energy, representing a voting interest of approximately 0.00935 percent based on the company’s total issued shares of 588,444,561.
According to a Directors’ Dealing notification on the Nigerian Exchange Group (NGX) portal, the transaction took place in the London Stock Exchange between December 18 and 19, 2024.
The transactions were executed in two tranches: 22,500 shares was purchased at a price of £196.6203 per share on December 18, while 10,000 shares at a price of £199.898 per share was purchased on December 20. The total purchase amounts to 32,500 shares, with a cumulative average price of £198.259 per share.
The disclosure signed by the company secretary, Mrs. Edith Onwuchekwa, states, ‘’The Company was notified of the purchase of 32,500 ordinary shares by Mr. Udoma Udo Udoma, the Chairman of the Board of Directors of the Company.
“Following this purchase, Mr. Udoma Udo Udoma now holds 55,071 shares in the company, which equates to a voting interest of 0.00935% based on the issued shares of 588,444,561.”
The disclosure aligns with Rule 17.15(c) of the NGX Rulebook, 2015 (Issuers’ Rules), and Article 19(3) of the UK Market Abuse Regulations, fulfilling regulatory requirements for transactions involving directors and key management personnel.
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