What price did Heirs Energies pay and how much is that in Canadian dollars?

The deal is 305p per share for Maurel & Prom’s 20.07% holding, valuing the block at $496 million. That is roughly C$660 million and about C$5.20 per share using recent FX. Note the final CAD figure will vary with exchange rates until settlement completes.

How could this deal affect SEPL.L liquidity and price action?

A single holder above 20% can change trading patterns. Market makers may adjust spreads as expected supply shifts. Volumes on the London and Nigerian lines will guide near term direction. Watch index free float updates and RNS notices for clues on potential rebalancing and short term price moves.

What should Canadian investors consider before buying Seplat Energy shares?

Check your broker’s LSE access, FX costs, and settlement timelines. Size positions modestly due to oil, Nigeria, and currency risks. Use limit orders and set alerts around key levels. Review capex plans, cash flow, and any board changes that follow the Seplat Energy stake sale before adding exposure.

What are the next milestones and when could the deal complete?

There is a second installment due in 30 days and up to $10 million of contingent consideration. Watch for completion announcements and updates to shareholder registers. Closing timing depends on approvals and settlement steps. We expect formal RNS notices to guide the market as each milestone is met.

Global Market Insights

SEPL.L Stock Today: Heirs Energies Buys 20% Stake for $496M on January 2

ByHuzaifa Zahoor January 2, 2026January 2, 2026

Seplat Energy stake sale is front and center for Canadian investors today. Heirs Energies will buy Maurel & Prom’s 20.07% holding in Seplat for $496 million at 305p per share, becoming the largest shareholder. That equals roughly C$660 million and about C$5.20 per share, based on recent FX. London-listed SEPL.L may see strategy, governance, and liquidity shift as the Heirs Energies acquisition moves ahead. We explain what the Seplat Energy stake sale means for Seplat Energy shares and how to approach it from Canada.