An employee of Aradel Holdings Plc has purchased shares worth ₦29.46 million in the company, according to a formal notification filed with the Nigerian Exchange, reinforcing market confidence in the indigenous energy group.
The disclosure, dated December 15, 2025, shows that Chukwuma Nkwodinmah, a Commercial & Planning Manager at Aradel Holdings Plc, acquired 43,000 ordinary shares of the company at ₦685 per share, in a transaction executed on December 12, 2025.
The shares were purchased on the Lagos, Nigeria Exchange Limited, and the transaction was disclosed as an initial notification, in line with insider-dealing and transparency requirements under Nigerian capital market regulations
Details of the Transaction
According to the filing, the shares acquired are ordinary shares of Aradel Holdings Plc, identified by ISIN: NGARADEL004.
The transaction involved a single aggregated purchase of 43,000 units, bringing the total value of the deal to approximately ₦29.46 million.
The company confirmed that the transaction was conducted locally and properly reported, with Titi Omisore, Company Secretary of Aradel Holdings Plc, signing off on the notification on behalf of the company
Market Context
Insider share purchases are often interpreted by market participants as a signal of internal confidence in a company’s fundamentals and growth outlook, particularly when executed at prevailing market prices.
Aradel Holdings Plc, an integrated indigenous energy company, has positioned itself as a key player in Nigeria’s upstream and midstream oil and gas value chain.
Recent insider transactions are closely watched by investors as indicators of sentiment among management and senior employees.
Regulatory Transparency
The notification complies with disclosure obligations requiring directors and insiders to promptly report dealings in their company’s securities.
Such disclosures are intended to promote transparency, protect minority shareholders, and maintain integrity within Nigeria’s capital markets.
