Stock Market

Insider Dealings: Makanjuola Buys 47,493 Shares in Vitafoam

Makanjuola, a Non-Executive Director, Purchased 47,493 Shares in Vitafoam

The management of Vitafoam Nigeria Plc on Tuesday disclosed that Dr. B.O. Makanjuola, a non-executive director of the company, purchased 47,493 shares in Vitafoam Nigeria Plc.

In a statement signed by Olalekan Sanni, Company Secretary and Legal Adviser, Vitafoam Nigeria Plc, the company disclosed that Dr. Makanjuola bought the shares between August 12 and 17, 2020 on the Nigerian Stock Exchange in Lagos, Nigeria.

A break down of the purchases showed Dr. Makanjuola purchased 1,000 ordinary shares of Vitafoam at N5.30 each, then purchased another 34,169 shares at N5.30 per unit.

Similarly, Dr. Makanjuola bought another 761 shares at N5.39 per share and acquired 2,000 units at N5.39 a unit share.

He added 9,250 shares and 313 shares at N5.45 each on another day.

Therefore, Dr. Makanjuola purchased total shares of 47,493 at an aggregate price of N5.38k. See the details below.
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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Samed Olukoya
4 years ago

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