Insider Dealing: Access Bank Director Acquires 1.3M Shares Worth ₦9.68M

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Dr. Okey Nwuke, FCA | Brand Spur Nigeria

Dr. Okey Nwuke, a Non-Executive Director, Access Bank Plc, purchased 1,300,000 ordinary shares of the lender.

Insider dealings give clues on insiders’ sentiment and director unlike before the new transparent policy where shareholders do not know what executives that formulates policy that impacts their desire stocks are doing.

Access Bank
Dr. Okey Nwuke, FCA | Brand Spur Nigeria

In a statement released and signed by the Sunday Ekwochi, company secretary, Dr. Okey Nwuke bought 1,300,000 shares at N7.45 per unit on May 5, 2021, at the Nigerian Stock Exchange in Lagos, Nigeria.

The total amount involved summed up to ₦ 9,685,000.00.

Dr. Nwuke has over 28 years experience in finance and corporate governance working with top corporates and leading commercial banks in Nigeria. He is a Fellow of both the Institute of Chartered Accountants of Nigeria and Chartered Institute of Taxation of Nigeria, an honorary member of Chartered Institute of Bankers of Nigeria and a member of Business Recovery and Insolvency Practitioners.

Transaction details

Access Bank