Insider Dealings: Sterling Bank Directors Buy 18,896,605 Shares

Sterling Bank Plc on Tuesday announced that its four executive directors purchased total shares of 18,896,605 between July 13 and 16, 2020.

In the statement signed by Temitayo Adegoke, Company Secretary, Sterling Bank and released on the Nigerian Stock Exchange’s website, the bank said Mr. Yemi Odubiyi, an Executive Director of the company, bought 7,128,882 shares of Sterling Bank at N1.24 a unit through the Nigerian Stock Exchange platform-X-STREAM on July 15, 2020.

Accordingly, the lender said Mr. Raheem Owodeyi, another Executive Director, Sterling Bank, purchased 2,121,258 shares of the company at N1.24 per unit through the same X-STREAM platform on July 16, 2020.

Also, the bank said Mr. Emmanuel Emefienim, an Executive Director of the bank, bought Sterling Bank’s shares of 8,368,688 units and N1.25 per share via NSE X-STREAM platform on July 14, 2020.

Similarly, Mr. Tunde Adeola, Executive Director, Sterling Bank, purchased 1,277,777 shares at N1.25 per unit on July 13, 2020 through the Nigerian Stock Exchange platform- X-STREAM.