Dangote Cement Plc, Sub-Saharan Africa’s largest cement producer, has formally notified the Nigerian Exchange Limited and the investing public of a recent insider share transaction.
The regulatory disclosure, titled “NOTIFICATION OF SHARE DEALING BY INSIDERS,” was filed on the bourse as part of statutory governance requirements designed to enforce market transparency and full disclosure regarding stock transactions conducted by key management personnel.
According to the official filing released on Tuesday, and signed by Company Secretary, Edward Imoedemhe, the company’s Head of Treasury, Omode Emmanuel Oladimeji, acquired a total of 986 ordinary shares of Dangote Cement Plc valued at N996,491.01.
The corporate document was categorised as an initial notification of insider dealing in compliance with Rule 111 of the NGX Rules Governing Director and Insider Dealings, which mandates listed entities to publicly declare all equities transactions executed by internal stakeholders.