Consolidated Hallmark Holdings Plc has reported a major share acquisition by its substantial shareholder, Sephine Edefe Nigeria Limited, in a transaction valued at N610.71 million. The notice, filed with the Nigerian Exchange on December 9, 2025, shows that the purchase was completed earlier in the year, between November 6 and 7.
According to the disclosure, Sephine Edefe bought a total of 150,793,257 units of the company’s shares at an average price of a little over N4.05 per share. Records show that the transactions were carried out in two blocks. The first tranche involved 78 million units at N4.04 per share, followed by 72.7 million units at N4.05.
A review of the company’s ownership structure indicates that the purchase strengthens the position of Mr. Eddie Efekoha, a director on the board, who holds his indirect stake in the firm through Sephine Edefe Nigeria Limited. With this fresh acquisition, his indirect interest has increased to 902,982,634 units. When combined with his direct holding of 1,040,000,000 units, his total stake now stands at 17.92 percent, measured against the company’s 10.84 billion outstanding shares.
The development comes shortly after the company released its nine-month financial results. The report showed a significant rise in insurance revenue, which climbed to N31.1 billion, compared with N19.9 billion recorded during the same period in the previous year. The improved earnings and increased shareholder activity mark a period of notable movement within the group’s investment and operational landscape.
