Flour Mills Disclosed 200,000 Shares Purchased by Insider
In line with the Nigerian Stock Exchange policy, Flour Mills has disclosed that a substantial shareholder, Excelsior Shipping Limited, purchased another 200,000 shares of the company.
In a statement signed by Umolu Joseph, Company Secretary and Legal Services, and released through the Nigerian Stock Exchange, Excelsior purchased the 200,000 units at N21 per share on June 22, 2020 at the Nigerian Stock Exchange in Lagos.
This was in addition to the 1,229,764 shares purchased by the same insider last week. Therefore, bringing the total purchase in the last two weeks to 1,429,764 shares.