VFD Group Insider Deal: Subsidiary Sells 2.9M Shares at ₦11.07 Each

VFD Group Plc has formally disclosed an insider transaction involving its subsidiary, Processus Capital Limited. The notification, dated August 28, 2025, and signed by Olalekan O. Fasugba, Head of Compliance, confirms that Processus Capital sold a total of 2,925,992 ordinary shares of VFD Group at a unit price of ₦11.07 per share.

The transaction was executed on August 27, 2025, in Lagos, and involved shares identified under the financial instrument code NGVFDGROUP04. The total value of the sale amounts to approximately ₦32.4 million.

According to the filing, the transaction is classified as a “Sell” and represents an initial notification related to a subsidiary. VFD Group Plc, the issuer of the shares, is registered under the Legal Entity Identifier 0292005511C9L8AB2J11.

This disclosure aligns with the Nigerian Exchange’s regulatory requirements for transparency in insider dealings. VFD Group reiterated its commitment to full compliance and timely reporting of such transactions.