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Wednesday, 8 August 2018

ORJIAKO’S WIFE BUYS BACK N585 MILLION WORTH OF SEPLAT SHARES


Barely two months after a non-executive director of Seplat Petroleum Development Company Plc, Macaulay Agbada Ofurhie, sold off  900,000 unit of his Seplat shares, wife of Dr. A.B.C Orjiako, the Chairman of the company’s board, Henrietta Orjiako, through Pursley Resources Limited, acquired 900,000 units of the company’s shares. The company confirmed this via a notification to the Nigerian Stock Exchange (NSE).
The 900,000 units of shares which amount to N585 million (based on the prevailing price of the company stock), give Pursley a voting interest of 0.15% (based on Issued Share Capital of 588,444,561).
Ofurhie, had sold the shares on June 11, 2018, at N711 per share, amounting to N639 million.

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