Stock Market Updates

Kolawole Ajimoko Sells ₦221 Million Worth of Access Holdings Shares

Published by
Emmanuel Eze

Access Holdings Plc has notified the Nigerian Exchange of a significant insider transaction involving Mr. Kolawole Ajimoko, a non-executive director associated with two group subsidiaries—Oxygen X Finance Company Limited and Access Investor Services Nominees Limited.

According to a regulatory filing signed by Company Secretary Sunday Ekwochi, Mr. Ajimoko sold 10 million ordinary shares of Access Holdings in two tranches on May 28 and 29, 2025, at unit prices of ₦22.10 and ₦22.05, respectively. The total value of the transaction is estimated at ₦220.75 million.

The transaction, which took place on the floor of the Nigerian Exchange in Lagos, was officially classified as a sale and forms part of routine insider disclosures required by Nigerian capital market regulations. The shares were identified under ISIN code NGACCESS0005.

Access Holdings Plc is the parent company of Access Bank Plc and several other financial services firms within the group.

 

Emmanuel Eze

Emmanuel Eze is an early career journalist with an interest in reporting economic and business related issues

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