Seplat Chairman Buys Shares, Signals Confidence
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Seplat Chairman Buys Shares, Signals Confidence

SEPLAT Petroleum Development (GB:SEPL) has released an update.

Seplat Energy Plc’s Chairman, Mr. Udoma Udo Udoma, has increased his stake in the company through the purchase of 22,571 ordinary shares, now holding a 0.004% voting interest. This purchase, made by his wholly-owned company Tierce Investments Ltd, signifies a vote of confidence in the oil and gas company’s future. The transaction details were disclosed in accordance with relevant rules and regulations.

For further insights into GB:SEPL stock, check out TipRanks’ Stock Analysis page.

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