Insider Buys Nigerian Breweries’ Shares

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Nigerian Breweries Plc on Friday disclosed that a Non-Executive Chairman, Chief Kolawole Babalola Jamodu bought 10,000 ordinary shares of United Capital Plc.

The Non-Executive Chairman (insider) bought 10,000 shares at an average price of N37.00.

In a statement signed by the company secretary, Uaboi G. Agbebaku, and made available through the Nigerian Stock Exchange, the brewer said Chief Kolawole Babalola Jamodu acquired 10,000 ordinary shares at N37.00 per share on 13th August 2020, in Lagos, Nigeria.

Chief Kolawole Babalola Jamodu is a businessperson who has been at the head of 9 different companies and holds the position of Chairman for PZ Cussons Nigeria Plc, Chairman at Nutricima Ltd. and Chairman at Nigerian Breweries Plc.

In his past career, Mr Jamodu was Chairman for PZ Cussons Plc and Chief Executive Officer at Paterson Zochonis Plc (a subsidiary of PZ Cussons Plc), Chairman & Chief Executive Officer at Unilever Plc, President at Harvard Business School Association of Nigeria, Chairman at Universal Trust Bank Plc and President at Manufacturers Association of Nigeria.

Transaction Details

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Insider Buys Nigerian Breweries' Shares

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