Femi Otedola Increases FirstHoldco Stake to 26% with N222 Billion Share Purchase
Femi Otedola has significantly increased his stake in FirstHoldco to 26% through a N222 billion share purchase. This substantial investment boosts his ownership in the company, making him a major shareholder.
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JUST IN: Otedola buys N222bn additional First HoldCo shares to boost stake
Femi Otedola acquires N222bn additional First HoldCo shares, increasing his ownership to 25.88%. Learn how Otedola’s investment impacts the bank. Read More: https://punchng.com/just-in-otedola-buys-n222bn-additional-first-holdco-shares-to-boost-stake/
By Punch Newspapers
Read full article →Otedola acquires additional N222bn FirstHoldco shares, now controls 26%
By Peter Egwuatu Femi Otedola, Chairman of First HoldCo, parent company of First Bank, has bought additional 1.779 billion shares of the company worth N222.209 billion. According to a statement signed by the company’s secretary, Abiola Baruwa, made available to the Nigerian Exchange Limited, NGX, yesterday, the shares were acquired through Otedola’s investment vehicle, Calvados Global Services Limited. […] The post Otedola acquires additional N222bn FirstHoldco shares, now controls 26% appear...
By Urowayino Jeremiah
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