Forbes Billionaire and Chairman of Heirs Holding, Mr Tony Elumelu has increased his firm’s holding in top-rate oil company, SEPLAT.
Elumelu, who is due to assume the position of Seplat Chairman in January 1, 2027, through Heirs Energies has bought six million Seplat Shares in London on September 30, 2026. At 8.87 pounds per share, the purchase totalled 53,22 million or approximately $71 million.
The purchase takes the combined holding of Elumelu-controlled Heirs Holdings and Heirs Energies to 126.4 million shares representing 21.07 % of Seplat shares.
Elumelu joined Seplat’s Board in January 2026 and the new acquisition would definitely rub off positiely on the company.
