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Access Holdings Insider Buys 391.8 Million Shares Worth Over ₦8.6 Billion

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Access bank

Access Holdings Plc has notified the Nigerian Exchange Limited and the investing public of significant insider share acquisitions under its Employees Shares Award Scheme – Restricted Shares Performance Plan.

According to a regulatory disclosure signed by Company Secretary Sunday Ekwochi, the transactions were conducted by an insider as part of the company’s Restricted Shares Performance Plan for eligible staff.

A breakdown of the transactions shows multiple tranches of ordinary shares purchased between June 2 and June 30, 2025. The purchases covered various price levels, ranging from ₦21.75 to ₦22.80 per share.

The detailed breakdown is as follows:

  • 20,000,000 shares at ₦21.90 per share

  • 10,000,000 shares at ₦21.80 per share

  • 99,547 shares at ₦21.75 per share

  • 89,402 shares at ₦22.35 per share

  • 30,000,000 shares at ₦22.75 per share

  • 30,000,000 shares at ₦22.80 per share

  • 25,000,000 shares at ₦22.30 per share

  • 57,419,363 shares at ₦22.00 per share

  • 90,000,000 shares at ₦22.00 per share

  • 90,000,000 shares at ₦22.00 per share

  • 17,039,594 shares at ₦22.00 per share

  • 22,224,061 shares at ₦22.00 per share

The aggregate volume acquired under the scheme amounts to 391,871,967 ordinary shares at an average price of ₦22.14 per share. Based on this average, the total value of the insider transaction is estimated at over ₦8.67 billion.

The shares are ordinary shares of Access Holdings Plc listed under ISIN code NGACCESS0005. The transaction was carried out on the Lagos trading floor.

This insider dealing aligns with the Group’s Employees Shares Award Scheme which incentivises eligible staff under performance-linked conditions to acquire equity stakes, further aligning management interests with those of shareholders.

Access Holdings, Nigeria’s largest financial services group by assets, continues to maintain its strategy of rewarding employees for strong performance while reinforcing market confidence through transparent disclosures.

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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