A substantial shareholder of UAC Nigeria Plc, Blakeney LLP, has sold about 10 million units of the company’s stocks at the exchange.
The sale of the conglomerate shares by the institutional investor was carried at two different trading sessions last month.
According to the notification of share dealing by insiders released by UAC Nigeria to the Nigerian Stock Exchange (NSE) dated Tuesday, May 5, 2020, the sales of the equities were executed on Friday, April 24, 2020 and Tuesday, April 28, 2020.
During the first offloading of the stocks, Blakeney sold 6 million units at a unit price of N6.20, while for the second tranche, it sold 4 million units at about N6.21 each.
I love UAC tho
The sale of the conglomerate shares by the institutional investor was carried at two different trading sessions last month.
According to the notification of share dealing by insiders released by UAC Nigeria to the Nigerian Stock Exchange (NSE) dated Tuesday, May 5, 2020, the sales of the equities were executed on Friday, April 24, 2020 and Tuesday, April 28, 2020.
During the first offloading of the stocks, Blakeney sold 6 million units at a unit price of N6.20, while for the second tranche, it sold 4 million units at about N6.21 each.
I love UAC tho