Otedola acquires additional 138 million First HoldCo shares worth ₦18.1 billion
Femi Otedola, chairman of First HoldCo Plc, has acquired an additional 138 million shares in the financial services group, valued at about ₦18.
The June acquisition was completed during the ₦45 billion second tranche of First HoldCo’s ₦350 billion private placement programme, in which shares were offered at ₦44 per share.
On 30 July, Mr Otedola increased his stake in the financial services group by acquiring an additional 1.
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