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Consolidated Hallmark: Sephine Edefe Nigeria buys N610.7 million value of shares, boosts stake

Consolidated Hallmark Holdings Plc has introduced that its substantial shareholder, Sephine Edefe Nigeria Restricted, bought firm shares value N610.71 million.

In response to the disclosure, Sephine Edefe acquired 150,793,257 models at N4.05 per share, with the deal executed in Lagos, Nigeria.

Filed with the Nigerian Alternate on December 9, 2025, the disclosure exhibits that the transaction passed off earlier within the yr, particularly between November 6 and seven, 2025.

The trades had been executed in two tranches, 78 million models at N4.04 per share and 72.7 million models at N4.05.

A examine by Nairametrics exhibits that Mr. Eddie Efekoha, a director on the corporate’s board, holds his oblique curiosity by Sephine Edefe Nigeria Restricted.

Following the newest buy, his oblique holding has risen to 902,982,634 models. Mixed together with his direct holding of 1,040,000,000 models, his complete stake now stands at 17.92%, primarily based on the corporate’s 10.84 billion excellent shares.

The event adopted the discharge of the firm’s nine-month monetary outcomes, which confirmed insurance coverage income rising to N31.1 billion, up from N19.9 billion in the identical interval of the earlier yr.

Efficiency

Regardless of insurance coverage bills rising to N25 billion, the corporate’s insurance coverage service consequence elevated to N5.4 billion, up from N1.3 billion a yr earlier.

The agency additionally posted beneficial properties from funding actions, recording an funding results of N4.6 billion, although this was considerably decrease than the N20 billion reported in the identical interval of the earlier yr.

Nonetheless, total profitability softened.

  • Web earnings fell to N7.7 billion, down from N19.4 billion within the prior yr.
  • After accounting for N65.1 million in impairment, revenue earlier than tax settled at N7.6 billion, additionally down from N19.4 billion.

Obtained premium got here in at N25.1 billion, barely decrease than the N29.7 billion recorded in 2024.

  • The corporate paid N5.3 billion in claims, representing a 40.89% decline from the earlier yr.

Nonetheless, the stability sheet confirmed improved power, with complete property rising to N72.1 billion, a rise of 26.74%.

  • Monetary property accounted for the majority of this at N40 billion.

Retained earnings additionally grew, reaching N24.5 billion, up from N20.9 billion the earlier yr.

12 months-to-date, the inventory has returned 16.52% to traders on the Nigerian Alternate and at the moment trades at N4.02.

Market pattern 

Shares of the corporate opened 2025 at N3.79, however January was largely bearish, ending the month at N3.06.

Regardless of a 27.45% rebound in February, the momentum didn’t maintain, and the value slipped to N2.98 by June, following consecutive declines from March.

A stronger bullish pattern emerged in July, and by August the rally intensified, pushing the fill up by 36.94% and lifting it above the N4 mark to N4.30.

From September to date, worth actions have been comparatively uneven, with alternating delicate bullish and bearish efficiency. Even so, the inventory has remained above the N4 stage, closing at N4.02 as of the buying and selling day ending December 9, 2025.


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