Stock Market
Insider Dealings: Stanbic IBTC Discloses Insider Trading by Executives
Stanbic IBTC Executives Buy Into the Company Last Week
Stanbic IBTC Holdings Plc has disclosed that two insiders of the bank purchased additional stakes last week.
In the disclosure statement signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Holdings Plc, and released through the Nigerian Stock Exchange (NSE), the lender said Mr. Olu Delano, the Head, Clients Coverage, Stanbic Bank Plc, acquired 1,000,000 shares at N46 per unit on November 05, 2020.
Similarly, Dr. Demola Sogunle, the Chief Executive, Stanbic IBTC Holdings Plc, purchased 970,000 units of Stanbic Shares at N46 a unit on November 6, 2020.
The two transactions were carried out at the Nigerian Stock Exchange trading floor in Lagos, Nigeria.
