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Seplat Energy Director Increases Shareholding

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Seplat Energy Director Increases Shareholding

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

Seplat Energy PLC announced that Mr. Babs Omotowa, an Independent Non-Executive Director, has purchased 20,000 ordinary shares, increasing his total holding to 40,000 shares. This transaction, which complies with relevant disclosure regulations, reflects a modest increase in Mr. Omotowa’s voting interest in the company, potentially signaling confidence in Seplat’s market position and future prospects.

More about SEPLAT Petroleum Development

Seplat Energy PLC is a prominent player in the energy sector, primarily involved in the exploration and production of oil and gas. The company operates in Nigeria and is listed on both the Nigerian Stock Exchange and the London Stock Exchange, highlighting its significant market presence.

YTD Price Performance: -9.23%

Average Trading Volume: 395,728

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.02B

For an in-depth examination of SEPL stock, go to TipRanks’ Stock Analysis page.

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