Insider Dealing: Chief Charles Umolu Acquires More Shares in Fidelity Bank

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A Non-Executive Director of Fidelity Bank Plc, Chief Charles Umolu, has purchased additional 3,138,000 shares of Fidelity Bank Plc.

The management of the bank disclosed this on Friday through the Nigerian Stock Exchange (NSE). The shares were purchased in four different tranches between November 10 and 11, 2020.

charles-umolu Brandspurng Insider Dealing Chief Charles Umolu Acquires More Shares in Fidelity Bank

  1. Chief Umolu purchased 1,000,000 shares of Fidelity Bank Plc at N2.84 per share.
  2. Also, he acquired 1,000,000 shares were acquired at N2.85 a unit.
  3. Followed by another 1,000,000 shares at N2.85 and
  4. 138,000 shares at N2.73 per unit, respectively.

Aggregate volume – 3,138,000 shares at an average price of N2.80 per share.

Transaction details:

Insider Dealing Brandspurng Chief Charles Umolu Acquires More Shares in Fidelity Bank

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Insider Dealing: Chief Charles Umolu Acquires More Shares in Fidelity Bank - Brand SpurInsider Dealing: Chief Charles Umolu Acquires More Shares in Fidelity Bank - Brand Spur

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Read Also:  Fidelity Bank Records 6.2% And 5.4% Drop in Profit and Earnings, Proposes 22K Dividend

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Insider Dealing: Chief Charles Umolu Acquires More Shares in Fidelity Bank - Brand SpurInsider Dealing: Chief Charles Umolu Acquires More Shares in Fidelity Bank - Brand Spur

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