Fidelity Bank Chairman Sells 2.6m Stocks, MD Buys 2.7m Units – Chairman of Fidelity Bank Plc, Mr Ernest Ebi, has offloaded a total of 2,630,000 units of the company’s stocks at a unit price of N1.89.
The transaction was carried on the Nigerian Stock Exchange (NSE) on Friday, May 29, 2020, a notice from the lender stated.
However, the reason for the sale was not explained in the disclosure. The chairman offloaded the shares for the sum of N4.971 million.
Mr Ebi, who received an undergraduate degree and an MBA from Howard University, is a respected businessperson, who was once the MD/CEO of New Nigeria Bank Limited.
He sits on the board of different companies including Dangote Cement, AIICO Pension Managers Ltd, Julius Berger Nigeria Plc, amongst others.
He was once the Deputy Governor of the Central Bank of Nigeria (CBN), Assistant Vice President at Federal Savings & Loans Association, Chairman for Unic Insurance Plc, amongst others.
Meanwhile, days before his sale of Fidelity Bank Plc shares, the Managing Director of the bank, Mr Nnamdi Okonkwo, had purchased a total of 2,750,000 units of the company’s equities.
In a separate notice to the exchange, it was stated that the MD/CEO acquired the additional stocks in four different trading sessions on the exchange.
It was disclosed that Mr Okonkwo bought the shares from May 13 to 18, 2020 at an average price of N1.79 each. The transactions cost him the sum of N4.923 million.
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NOTE: we credit your account after 45mins of Your Registeration
INTRODUCTION
RICH CONNECT TRUST Investment is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Okafor Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
07046246360
ITS SIMPLE HERE!!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 100k within 25mins we make profit of 300k then send 200k to you then profit 100k This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly
Contact Mrs. GOODLUCK TIMOTHY
07046246360
NOTE:- YOU GET CREDITED BACK IN LESS THAN 45 MINUTES.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem.