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The 4.7 billion items of FBN Holdings which was bought on the ground of the Alternate on Thursday sixth of July was bought to Barbican Capital Ltd.
Barbican Capital Restricted was included on the ninth of March 2023 with registration quantity RC 6900918. The particular person listed as important management is Oyeleye Foluke and Otudeko Obafemi Adedamola.
Nairametrics confirmed this from varied sources with data of the matter. We additionally perceive a press launch is imminent on the web site of the NGX Alternate confirming the commerce.
Primarily based on this it’s seemingly that Oba Otudeko will declare at the least 13% of the possession of the financial institution.
As earlier reported, the shares have been bought via “26 proxy shareholders” allegedly associated to Oba Otudeko the previous chairman of the financial institution.
Now we have additionally been reliably knowledgeable that among the proxy shareholders embody Bethlehem Properties Restricted, Musa Haruna Meals, Yazidu Zakari Ventures Restricted, Thornbull Securities Restricted, and Moore Home Restricted. Others embody Impressario Restricted, Mahmoud Alheri Restricted, Timothy Banfield Restricted, and The WhitBread Restricted.
FBN Holdings has since confirmed the transaction.
Again Story
Nairametrics first reported that the previous chairman of FBN Holdings, Oba Otudeko was reported to be behind the over 4 billion shares of FBNH that have been transacted on the NGX on Thursday, July sixth, 2023.
- Nairametrics confirmed this from merchants on the Alternate with data of the transaction. This has now been made official through the press launch.
- The commerce has ratcheted up allegations over the validity of the trades contemplating that no single shareholder hitherto formally owned as many shares.
- Learn extra right here