Five Access Holdings senior officials reduce exposure by selling 4m shares

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FIVE senior executives of Access Holdings Plc have sold a combined 4.03 million ordinary shares valued at approximately N108.1 million, according to regulatory filings submitted to the Nigerian Exchange Limited.

The transactions, involving senior officials of the holding company and its banking subsidiary, Access Bank Plc, took place between November 4 and November 6, 2026.

The disclosures, dated November 6, showed that the executives sold their shares at prices ranging from N26.50 to N27 per share.

Head of Cards and Digital Banking Africa, Tolulope Adesomoju, sold one million shares at N26.50 each, generating N26.5 million.

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Head of Regulatory and Financial Crimes Compliance, Inyang-Emmanuel Etim, disposed of 1.26 million shares at N27 each, worth approximately N34 million.

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Chief Internal Auditor of Access Holdings, Joseph Onyekachukwu Osogbue, also sold 350,000 shares at N26.95 each, valued at N9.43 million.

Similarly, Head of Compliance Monitoring (Branch) at Access Bank, Babatunde Adekunle Aro, sold 1.25 million shares at N27 each, amounting to N33.75 million.

Head of Risk Audit at Access Bank, Gbadebo Ayobami Omolaja, disposed of another 167,000 shares at N27 each, worth N4.51 million.

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The five transactions amounted to 4,026,417 shares, with an aggregate value of approximately N108.19 million.

The filings identified all the transactions as sales of ordinary shares of Access Holdings, with the company’s Company Secretary, Sunday Ekwochi, signing the notifications.

The disclosures come amid continued trading activity in Access Holdings shares on the Nigerian Exchange, although the filings did not state the reasons for the executives’ decisions to sell or whether the transactions represented reductions in their overall shareholdings.

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