tiprankstipranks

Seplat Energy CEO Increases Stake with Share Purchase

Story Highlights
Seplat Energy CEO Increases Stake with Share Purchase

SEPLAT Petroleum Development ( (GB:SEPL) ) just unveiled an update.

Seplat Energy Plc announced that its CEO and Executive Director, Mr. Roger Brown, has purchased 50,000 ordinary shares of the company, increasing his total shareholding to 4,203,776 shares, which represents a 0.7144% voting interest. This transaction, conducted in accordance with regulatory requirements, signifies confidence in the company’s prospects and may positively influence stakeholder perception and market positioning.

More about SEPLAT Petroleum Development

Seplat Energy Plc is a leading energy company operating in the oil and gas industry. The company focuses on the exploration, development, and production of oil and gas resources, primarily in Nigeria, and is listed on both the Nigerian and London Stock Exchanges.

YTD Price Performance: -12.05%

Average Trading Volume: 413,852

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.01B

See more insights into SEPL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App