Finance

Nigerian Breweries Discloses Insider Dealing by Non-Executive Director

Nigerian Breweries Announced 10,000 Insider Dealing

A non-executive chairman of Nigerian Breweries purchased additional 10,000 shares, according to the company.

In the statement released through the Nigerian Stock Exchange on Tuesday and signed by Uaboi G. Agbebaku, Company Secretary, the company said Chief Kolawole Babalola Jamodu, a non-Executive Chairman of the company purchased ordinary shares of Nigerian Breweries Plc.

A break down of the dealing revealed that Chief Kolawole bought 2,000 shares at N43.20, 6,000 shares at N43.25 and 2,000 shares at N43.40. Bringing aggregate volume to 10,000 shares while the average price stood at N43.27 per share.

Accordingly, the company said the transaction took place on May 28th, 2020 at the Nigerian Stock Exchange in Lagos.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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