VFD Group Employee Sells Shares in Insider Deal Disclosure

VFD Group Plc has officially disclosed an insider transaction involving one of its employees, Mr. Oduduabasi Sunday Okon, in compliance with regulatory requirements of the Nigerian Exchange Group (NGX).

According to the notification signed by Olalekan O. Fasugba, Head of Compliance at VFD Group, Mr. Okon sold 3,250 ordinary shares of the company at a unit price of ₦10.90 on September 2, 2025. The transaction was conducted in Lagos, and categorized under the financial instrument code NGVFDGROUP04.

The disclosure, marked as an initial notification, reaffirms VFD Group’s commitment to transparency and regulatory compliance. The company, which operates from MacGregor Road in Ikoyi, Lagos, is led by Chairman Olatunde Busari (SAN) and Group Managing Director Nonso Okpala.

This insider dealing report is part of NGX’s broader efforts to ensure accountability and uphold investor confidence in Nigeria’s capital markets.