Insider Dealing: MTN Nigeria Discloses Purchase of 920,000 Shares by Toriola

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MTN Nigeria Plc on Thursday disclosed an insider dealing of 920,000 shares in line with the new Nigerian Stock Exchange (NSE) policy.

In a statement signed by the company secretary, Uto Ukpanah, and made available through the Nigerian Stock Exchange, the company said Karl Toriola, a non-executive director, purchased 920,000 ordinary shares of MTN Nigeria Plc.

A break down of the aggregate information showed Toriola acquired 920,000 ordinary shares at N118 per share on June 25, 2020, in Lagos, Nigeria.

Accordingly, the total purchase stood at 920,000 shares valued at N108,560,000.

See the further details below.