Insider Dealing: Zenith Bank Sells 5,000,000 Shares

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The Zenith Bank Plc, Nigeria’s leading financial institution, on Monday, disclosed insider dealing of 5,000,000 shares acquired by its Group Managing Director and Chief Executive Officer, Zenith Bank Plc, Ebenezer Onyeagwu.

Ebenezer Onyeagwu purchased the 5 million shares in four different transactions on Friday, March 19, 2021, at N22.65 per unit to take the total purchase for that day to 5 million at an average price of N22.41 and a valuation of N112.050 million.

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Group Managing Director/Chief Executive, Zenith Bank, Mr. Ebenezer Onyeagwu | www.brandspurng.com

In a statement signed by the Company Secretary, Michael Osilama Otu, and released through the Nigerian Stock Exchange, the lender said the Director bought the shares through the Nigerian Stock Exchange.

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