Molar Vessels Supplies Sells 410,270 Caverton Shares; Reduces Stake

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Caverton Offshore Support Group Plc has disclosed that one of its shareholders, Molar Vessels Supplies Limited, sold part of its shares in the company.

This disclosure was made in a statement signed by Amaka Pamela Obiora, Company Secretary and Legal Adviser. According to the statement obtained by Brand Spur, Molar Vessels Supplies Limited sold 410,270 shares of Caverton on August 3rd, 2021.

Caverton‘s Revenue Down By 8% To N23.6billion In The 3rd Quarter Of The Year

According to the company, Molar sells a unit share at N1.8600 at the Nigerian Exchange trading floor in Lagos. Total shares dumped amounted to N749, 353.45.

The report gave details on the Directors Of Molar Vessels to Include:

  • Rotimi Makanjuola – MD Caverton Helicopters Limited
  • Lolade Abiola- Director Caverton Helicopters Limited
  • Yoyinsola Makanjuola – Wife Of Chairman Caverton Offshore Support Group Plc

An insider dealing such as this gives an insider clue or perception of a particular organisation. Hence, why we have taken it upon ourselves to publish every insider dealing.

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