Insider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam

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The management of Vitafoam Nigeria Plc on Tuesday disclosed that Mr. Salami Olalekan Akeem, the Company Secretary/Legal Adviser of the company, purchased 100,000 shares in Vitafoam Nigeria Plc.

In a statement signed by him, the company disclosed that Mr. Salami Olalekan Akeem bought the shares August 31, 2020, on the Nigerian Stock Exchange in Lagos, Nigeria.

A break down of the purchases showed Mr. Salami Olalekan Akeem purchased:

  • 95,000 – N5.25 per unit
  • 5,000 – N5.25 per unit

Vitafoam Nigeria Plc manufactures foam products in Nigeria. The company makes and sells mattresses, pillows, sponges, carpet underlays, mats, foam blocks, and other foam products.

Transaction Details

Insider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam
Source: NSE

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Also, the company on, Monday, disclosed insider dealing of 192,000 shares acquired by one of its executive director, Mr Adeniyi Taiwo Ayodele on August 21, 2020.

Transaction reports at the Nigerian Stock Exchange (NSE) showed that Mr Adeniyi Taiwo Ayodele acquired an aggregate of 192,000 shares at N5.22 per unit in 4 different prices and volumes.

Insider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam

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Insider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam - Brand SpurInsider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam - Brand Spur

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1 COMMENT

  1. […] The management of First Bank of Nigeria Plc on Wednesday disclosed that Olusegun Alebiosu, the Chief Risk Officer (Group Executive) of the Company, purchased 1,360,514 shares in accordance with the Nigerian Stock Exchange policy on insider dealing. […]

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Insider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam - Brand SpurInsider Dealing: Vitafoam’s Legal Adviser buys 100,000 shares in Vitafoam - Brand Spur

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