FBN Holdings GMD Acquires Shares Worth ₦ 121.6million

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FBN Holding
U.K. Eke, MFR, the Group Managing Director, FBN Holding | Brand Spur

The management of FBN Holdings Plc disclosed in a statement filed with the Nigerian Stock Exchange that U.K. Eke, MFR, the Group Managing Director, purchased 17,104,359 shares in the company.

In a statement signed by Seye Kosoko, the Company Secretary and Director, FBN Holdings Plc, Eke bought the following on May 14, 2021, respectively:

  • 12,000,000 Shares at N7.14
  • 5,104,359 Shares at N7.07
FBN Holding
U.K. Eke, MFR, the Group Managing Director, FBN Holding | Brand Spur

Is that information sufficient for you to make an investment decision?

The Group Managing Director invested ₦ 121,611,992.49 in FBN Holdings Plc in a move that suggested confidence in the future of the company.