Seplat Energy Plc has named Canaccord Genuity Limited and Peel Hunt LLP as its new joint UK Corporate Brokers, according to a disclosure filed on the Nigerian Exchange (NGX).
In this role, both firms will work alongside British investment banking and capital markets firm, Citigroup Global Markets Limited.
This development comes shortly after Heirs Energies acquired a 20% stake in Seplat from French oil company Maurel & Prom, a deal that triggered a spike in trading activity and heightened investor interest.
According to broker data and trading volume reports, Seplat Energy shares have seen an increase in activity across both exchanges.
On the London Stock Exchange, trading volumes in early January have reached over 1.1 million shares, nearing the 1.5 million shares traded during the entire December 2024.
On the Nigerian Exchange, over 1.8 million shares have been exchanged so far in January, nearing the 2 million shares recorded in December.
During this period, Seplat has gained 6.23% month-to-date on the NGX, after it rose 11.26% on the LSE in the first trading week of January 2026, following the stake sale deal, which was completed at a premium of 305 pence per share.
