The Vice-Chairman of Flour Mills Nigeria Plc (FMN), Ukpabi Emmanuel Akwari, purchased a total of 879,552 shares of the company, worth ₦24,275,635.20 million.
In a notification issued by the company’s secretary, Mr Joseph Umolu to the Nigerian Stock Exchange (NSE), the Vice-Chairman purchased the ordinary shares of Flour Mills Nigeria on November 5, 2020.
- Volume of shares acquired – 879,552
- Price per unit – ₦27.60k
Profile of Ukpabi Emmanuel Akwari
Emmanuel Akwari Ukpabi is on the board of Flour Mills Nigeria Plc (former CEO, Director, Group MD & Head-Investor Relations), Golden Sugar Co. Ltd. and Apapa Bulk Terminal Ltd. and Council Member at Manufacturers Association of Nigeria.
Dr. Ukpabi previously occupied the position of President at Association of Food Beverages & Tobacco Employers and Chairman of United Cement Co. of Nigeria Ltd.
He received an undergraduate degree from the University of Nigeria.
