Majority shareholder N Seven Nigeria Limited has acquired 550,092 ordinary shares of Guinness Nigeria Plc in a deal valued at approximately N202.1 million.
The insider transaction was disclosed in a formal Share Dealing Notification submitted to the Nigerian Exchange (NGX) and signed by Company Secretary Abimbola Ajibola-Jimoh on Monday, August 31, 2026.
According to the regulatory filing, the share purchases were executed on Friday, August 28, 2026, in Lagos at a volume-weighted average price of N367.40 per unit. The individual transaction prices ranged from N356.40 to N384.80 per share, with the largest single tranche comprising 498,973 units executed at N384.80.
Transaction Details
Insider / Director Name: N Seven Nigeria Limited
Position / Status: Majority Shareholder
Issuer: Guinness Nigeria Plc
Aggregated Volume: 550,092 Ordinary Shares
Average Price: N367.40 per share
Transaction Date: August 28, 2026
Location: Lagos, Nigeria
The notification fulfills regulatory requirements for insider trading disclosures under NGX rules, ensuring market transparency regarding major holding changes by significant equity holders.
