WorldStage– Three relatives of the Group Managing Director of VFD Group Plc purchased a combined total of more than 2.76 million ordinary shares of the company in transactions carried out on 11 August 2026, according to separate insider dealing notifications filed with the Nigerian Exchange (NGX).
The notifications, dated 13 August 2026 and signed by Cynthia Akumuo, Head of Compliance, disclosed the following purchases:
Okpala Okunwa Martha (Relative of the Group Managing Director)
- Bought an aggregate of 1,650,000 ordinary shares at an average price of ₦11.71 per share.
- Transactions included parcels at prices ranging from ₦11.40 to ₦12.00.
Okpala Nneoma Chizara (Relative of the Group Managing Director)
- Bought an aggregate of 557,018 ordinary shares at an average price of approximately ₦11.98 per share.
- Key parcels: 118,967 shares at ₦11.95 and 438,051 shares at ₦12.00.
Okpala Akannaya Osinachi (Relative of the Group Managing Director)
- Bought an aggregate of 557,034 ordinary shares at an average price of ₦11.82 per share.
- Transactions included parcels at prices between ₦11.70 and ₦11.95.
All three transactions were classified as “Buy,” conducted in Lagos, and filed as initial notifications. The shares carry the identification code NGVFDGROUP04.VFD Group Plc (Legal Entity Identifier: 0292005511C9L8AB2J11) is required under NGX rules to disclose dealings by directors, principal officers and their close relatives.
VFD Group Plc is a Nigerian proprietary (principal) investment company listed on the Nigerian Exchange (NGX) under the ticker VFDGROUP.
