BREAKING: Otedola sells 2.8 million units of Geregu shares

Meanwhile, his brother, Olurotimi Paul, increased his stakes in Geregu Power through the acquisition of 300,000 units of shares.

It was gathered that Olurotimi purchased the shares at the rate of N288.9 per share, bringing the total to N86.67m. In February, Olurotimi purchased 3.6m units of shares at N219 per unit and 100,000 shares at N207.9 per unit on deals worth N809.2 million. Another Otedola brother, Ayokunle Michael, also bought four million shares at N219 per unit for N876 million on February 2.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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