Insider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -
United Capital Plc on Thursday disclosed insider dealings of 681,979 shares in line with the new Nigerian Stock Exchange (NSE) policy.

In a note signed by the company secretary, Leo Okafor, and made available through the Nigerian Stock Exchange, the leading African investment banking group said Peter Ashade (Group Managing Director/CEO), Sunny Anene (Group Executive Director) and Bolanle Ibitola (Director of Resources) purchased a total of 681,979 ordinary shares of United Capital Plc, at an average price of N4.05 per unit.

Insider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives
Peter Ashade | Sunny Anene | Bolanle Ibitola

Previously…

  • Peter Ashade purchased ordinary shares of 1,780,000 units at N 4.08 per unit on November 2, 2020.
  • Sunny Anene bought 558,754 shares at N4.08 per unit on November 2, 2020, at the Nigerian Stock Exchange in Lagos, Nigeria.

The transactions were in multiple tranches between October 30 and November 3, 2020.

Breakdown of the aggregate information:

Peter Ashade/ARTOL INVESTMENT COMPANY LIMITED – Group Managing Director/CEO

  • 320,000 shares – N4.02 per unit

Sunny Anene – Executive Director

  • 356,820 shares – N4.11 per unit

Bolanle Ibitola* – Director of Resources

  • 5,159 shares – N4.01 per unit
- Advertisement -

Accordingly, the average total purchase stood at 681,979 shares valued at N2,759,741.69.

Read Also:  LAGOS GOVT COMMENDS NIGERIAN BREWERIES AT SCHOOL DONATION
*Bolanle Ibitola is currently the Director of Resources at United Capital Plc with oversight on all Human Resources and Corporate Services functions. She has over 12 years hands-on experience in Strategic Human Resources Management especially in managing C-Suite executives. Her core expertise includes Performance Management, Managing Diversity, Employee Relations, Learning & Development, Organizational Development.
Her past roles include Head, Human Resources at United Capital, Human Resources Manager at Afriland Properties Plc. She has also worked with Heirs Holdings, Renaissance Capital, London Borough of Brent and Kimberly Ryan in various Human Resources capacities.
She holds a first degree in English Language & Literature from the University of Lagos and also a Masters’ in Human Resources from the Middlesex University Business School, London. She is a member of the Chartered Institute of Personnel and Development (CIPD) and Society for Human Resource Management (SHRM).

Peter Ashade (Group Managing Director CEO), Sunny Anene (Group Executive Director) and Bolanle Ibitola (Director of Resources) brandspurng

- Advertisement -
Insider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand SpurInsider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand Spur
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Insider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand SpurInsider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand Spur

Latest News

Qatar Airways Touches Down for the First Time in Abuja, Nigeria

The airline will operate three weekly flights from Abuja via Lagos Passengers from Abuja can enjoy more flexible travel options...

Why the South African Rand is 2nd-best performing EM currency

Since the onset of the COVID-19 pandemic, foreign exchange markets experienced a whirlwind of volatility as movement restrictions and a weakened global trade weighed...

Weststar Increases Product Portfolio with Mercedes-Benz Axor

Weststar Associates Limited, Authorized General Distributor of Mercedes-Benz in Nigeria, has announced Mercedes-Benz Axor as its new offering for commercial vehicle fleet owners in...

Ellah Lakes announces a joint venture with Ondo State for the development of Oil Palm and Cassava Plantation

Lagos, November 27, 2020: Ellah Lakes Plc (Ellah Lakes) is happy to announce that it has executed an agreement with Ondo State Government for...

GOtv Nigeria: For the Love of Local Entertainment

In two days, a new cooking and lifestyle show will debut on GOtv, the digital terrestrial television platform from MultiChoice Nigeria. Titled 'Jollof With...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Insider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand SpurInsider Dealings: United Capital Discloses 681,979 Shares Purchased by CEO and Other Executives - Brand Spur