Seplat Energy Plc (“SEPLAT” or the “Company”)
Announcement on Notification of Dealing in Shares by a PDMR
Lagos and London – September 30, 2026: The Company was notified of the purchase of 6,000,000 ordinary shares by Heirs Energies Ltd, a company controlled by Mr. Tony Elumelu, a Non - Executive Director of the Company.
Following the above transaction, Heirs Energies Limited now holds 27,943,867 shares in the Company. As a result, the entities controlled by Mr. Tony Elumelu (Heirs Energies Limited and Heirs Holdings Limited) now hold a combined 126,400,000 shares, which equate to a voting interest of 21.07% based on the issued shares of 599,944,561.
Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.
This notification is made in accordance with Rule 17.15(c) Disclosure of Dealings in Issuers' Shares, Rulebook of The Exchange, 2015 (Issuers' Rule) and Article 19(3) of the UK Market Abuse Regulations.
Mrs. Edith Onwuchekwa
Director, Legal/Company Secretary
FOR: SEPLAT ENERGY PLC.
Details of duly authorised officer of issuer responsible for making notification:
Edith Onwuchekwa, Director, Legal/Company Secretary +234 (0) 1 277 0400
Form for Notification and Public Disclosure of Transactions By Persons Discharging Managerial Responsibilities And Persons Closely Associated With Them:
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Tony Elumelu | |||
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2
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Reason for the notification | ||||
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a)
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Position/status
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Non – Executive Director | |||
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b)
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Initial notification /Amendment |
Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Seplat Energy Plc | |||
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b)
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LEI
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029200711C4S4CB2E982 | |||
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary shares
(NGSEPLAT0008) | |||
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b)
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Nature of the transaction
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Purchase of shares by Heirs Energies Limited, a company controlled by Mr. Tony Elumelu | |||
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c)
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Price(s) and volume(s) |
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Price(GBP) |
Volume(s) |
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£8.87/share |
6,000,000 |
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d)
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Aggregated information |
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- Aggregated volume |
6,000,000 | ||||
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- Price |
£8.87/share | ||||
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e)
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Date of the transaction
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September 30, 2026 | |||
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f)
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Place of the transaction |
London | |||