WorldStage Newsonline– Cutix plc, one of the biggest manufactures and supplier of cables in Nigeria has disclosed through the Nigerian Stock Exchange (NSE) that one Mr Samuel Nsoedo, a substantial shareholder of the company purchased 1.3 million shares at prices ranging from N1.70 to N1.75.
The total value of the stocks amounted to N2.253 million.
The notice signed by Nwokporo Chinwendu, Company Secretary said the transaction took place in Lagos between 4th-10th August 2020.
Ahead of the meeting of the company’s directors scheduled for Thursday August 27, 2020 to consider amongst others, the unaudited financial statement for the first quarter ended July 31, 2020, the commencement of a closed period when trading cannot hold on the stocks is fixed from Wednesday, August 12, 2020 until 24 hours after the release of the company’s unaudited financial statement.
