Dangote Cement Plc has notified the Nigerian Exchange Limited (NGX) and the investing public of a recent share purchase by one of its insiders.
The disclosure was made in line with NGX post-listing rules governing share transactions involving directors and other insiders of listed companies.
According to a statement filed with the NGX titled “Notification of Share Dealing by Insiders” and signed by the Company Secretary, Edward Imoedemhe, the company’s Head of Treasury, Omode Emmanuel Oladimeji, acquired 986 ordinary shares of Dangote Cement valued at N996,491.01.
The transaction took place on May 4, 2026, and was reported as an initial notification of insider dealing in accordance with Rule 111 of the NGX Rules Governing Director and Insider Dealings.
The filing showed that the shares were purchased in two separate tranches.
Oladimeji bought 263 shares at N1,008.15 per share in the first transaction and 723 shares at N1,013.13 per share in the second.
Combined, the transactions amounted to 986 ordinary shares at a volume-weighted average acquisition price of N1,010.64 per share.
The disclosure forms part of the mandatory reporting requirements for share transactions carried out by insiders of companies listed on the NGX.
Source: Dangote Cement Plc / Nigerian Exchange Limited
