Directors’ Dealing: Substantial Shareholder Acquires 1M+ Shares in Abbey Bank Plc
Directors’ Dealing: Substantial Shareholder Increases Stake in Abbey Mortgage Bank Plc
In a recent corporate disclosure to the Nigerian Exchange Limited (NGX), Abbey Mortgage Bank Plc has announced a significant insider transaction involving a substantial shareholder.
Transaction Details:
- Insider: Substantial Shareholder (via Madonna Ashib Commercial Enterprises Ltd)
- Transaction Date: July 9, 2026
- Action: Buy (Purchase of Shares)
- Volume: 1,008,959 shares
- Price: ₦8.41 per share
- Total Value: Approximately ₦8,482,000
- Location: NGX, Lagos
This purchase reflects continued confidence in the bank’s long-term value and growth prospects. Insider dealings of this nature are closely monitored by investors as they often signal the sentiment of those closest to the company’s operations.
For more updates on NGX insider dealings and financial news, stay tuned to our blog.
#NGX #DirectorsDealing #Insider #AbbeyBank #StockMarketNigeria