FCMB’s Executive Director Deepens Stakeholding with 1M Shares

The Executive Director of FCMB Group, Olufemi Badeji has lifted his interest in the group with the purchase of additional 1,000,000 shares.

The company secretary, Olufunmilayo Adedibu (Mrs) in a signed statement assured that details of the transaction(s) to be repeated for each type of instrument, each type of transaction; each date; and each place where transactions have been conducted.

The recently released notification by the Nigerian Stock Exchange (NSE), as Initial notification/ amendment to initial notification, informed that the notification becomes necessary because of its “insider dealings” status, disclosed the  FCMB,s  legal entity identifier 1 as 0292003818A1T1X51052.

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The ordinary shares instrument identification Code was given as ISIN: FCMB000005 “purchase of FCMB group plc. stock”

The prices and respective volumes in order of share purchase was given as 50,000 UNITS purchased at N1.78, 400,000 Units at N1.77 per share, 252,000 Units @ N1.75 per share, 250,900 Units @ N1.74  per share and  N1.73 per share for 47,100 Units. Total quantity purchased 1,000,000 UNITS were executed at an average price of N1.75. Transacted on the 3rd 4th and 5th June, 2020 in Lagos.