UACN Executive Nneka Chime Acquires 53,000 Shares in Insider Deal

UAC of Nigeria Plc has announced that its Chief Strategy and Operations Officer, Nneka Chime, has purchased 53,000 units of the company’s shares. The transaction, conducted on November 28, 2025, took place on the Nigerian Exchange Limited in Lagos at a price of ₦78 per share.

The disclosure, signed by Ayomipo Wey, Company Secretary and Group General Counsel, was filed as part of regulatory requirements for insider dealings. The company confirmed that this was an initial notification under its compliance obligations.

UACN, one of Nigeria’s oldest conglomerates, emphasized its commitment to transparency and investor relations, directing stakeholders to its dedicated investor portal for further details. The company also referenced its long-term incentive plan, which outlines value creation strategies for management and shareholders.

This latest insider purchase underscores confidence in UACN’s growth prospects as the group continues to strengthen its operations across diverse sectors of the Nigerian economy.