Custodian Investment Plc has disclosed that its Managing Director, Mr. Wole Oshin, acquired a total of 87,039,342 ordinary shares of the company in multiple transactions conducted on the Nigerian Stock Exchange in December 2025.
The disclosure was made in a notification of share dealing by an insider, in line with regulatory requirements governing transactions by directors and senior executives of listed companies.
The shares were acquired across three separate trading dates. On December 19, 2025, Mr. Oshin purchased 20,400,000 shares at a price of ₦39.00 per share.
He acquired an additional 20,400,000 shares at the same price on December 22, 2025, before completing the series of transactions with the purchase of 46,239,342 shares on December 24, 2025, also at ₦39.00 per share.
In aggregate, the Managing Director purchased 87,039,342 shares at a uniform price of ₦39.00 per share.
Market analysts often view insider share purchases as a signal of executive confidence in a company’s fundamentals and long-term prospects, particularly when such acquisitions are executed at scale and over multiple trading sessions.
Custodian Investment Plc operates as a holding company with interests spanning insurance, pensions, and asset management services within Nigeria’s financial services sector.