Nigerian Exchange Limited

Insider Dealing: Ukpabi, Emmanuel Akwari Increased Stake in Flour Mills

Ukpabi, Emmanuel Akwari Invested N24.276 Million in Flour Mills

The Vice-Chairman of Flour Mills of Nigeria Plc added to his stake in the company, according to the latest filing with the Nigerian Stock Exchange (NSE).

The Vice-Chairman purchased an additional shares of 879,552 at N27.6 per share on November 5, 2020 from the Nigerian Stock Exchange trading flour in Lagos, Nigeria.

In a statement signed by Umolu Joseph, Company Secretary and Legal Services Director, Flour Mills, Ukpabi Emmanuel Akwari invested an additional N24.276 million in Flour Mills of Nigeria Plc.

This was after Ukpabi Emmanuel Akwari purchased 120,448 units at N27.60 per share on November 5. Meaning, Vice Chairman is bullish on the company’s future. See the details of the latest transaction 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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