Insider Dealing: Chief Charles Umolu Buys More Shares in Fidelity

Chief Charles Umolu, a non-executive director of Fidelity Bank Plc, has purchased additional 3,138,000 shares of Fidelity Bank Plc.

The management of the bank disclosed this on Friday through the Nigerian Stock Exchange.

The shares were purchased in four different transactions between November 10 and 11, 2020.

Chief Umolu purchased 1,000,000 shares of Fidelity Bank Plc at N2.84 per share. Another 1,000,000 shares were acquired at N2.85 a unit.

This was followed by another 1,000,000 shares and 138,000 shares at N2.85 and N2.73 per unit, respectively.

Bringing aggregate volume to 3,138,000 shares at an average price of N2.80 per share. See the details below.