Dangote Cement Insider Acquires 986 Shares for N996,491

On May 4, 2026, Omode Emmanuel Oladimeji, the Head of Treasury at Dangote Cement Plc, acquired 986 ordinary shares of the company for a total value of N996,491.01. This insider transaction was formally reported to the Nigerian Exchange Limited and the investing public under the title “NOTIFICATION OF SHARE DEALING BY INSIDERS.” The filing, signed by Company Secretary Edward Imoedemhe, complies with Rule 111 of the NGX Rules Governing Director and Insider Dealings, which mandates that listed entities disclose all equity transactions by internal stakeholders.

The purchase was executed in two tranches: the first tranche consisted of 263 shares at N1,008.15 per unit, while the second tranche involved 723 shares at N1,013.13 per unit. The average acquisition price for the shares was N1,010.64 per unit.

Such insider purchases are monitored by analysts and investors as indicators of executive confidence in the company's future performance.