Monday, August 05, 2019 / 05:00PM / By
NSE / Header Image Credit: Seplat Petroleum
The Company was notified of the sale of 3,500,000 units of ordinary shares indirectly held by Dr. A.B.C Orjiako, the Chairman of the Company. Following the sale, Dr. Orjiako now holds a direct interest in 16,151,325 ordinary shares and an indirect interest in 26,300,000 ordinary shares of the Company totaling 42,451,325 shares which equates to a voting interest of 7.21% (based on Issued Share Capital of 588,444,561).
Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.
This notification is made in accordance with Rule 12 of the Amendments to the Listing Rules of the Nigerian Stock Exchange and Article 19 of the EU Market Abuse Regulations