Saturday, December 4, 2021

    Insider Deal: Gilbert Obiajulu Adds 95,900 Cutix Shares to His Holdings

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    Bola Macaulay
    Bola Macaulay is a freelance journalist based in Ibadan Oyo State. She is a graduate of Univesity of Ibadan and she's married with kids

    Dr Gilbert Obiajulu Uzodike, the founder and Chairman of Cutix Plc purchased additional 95,900 shares of the company.

    In a statement signed by Nwokporo Chinwendu, Company Secretary and released through the Exchange, the company said Dr Gilbert Obiajulu Uzodike, purchased a total of 95,900 ordinary shares of Cutix Plc at an aggregate price of N1.75, on September 16, 2020.

    This was in addition to the 650,000 purchased between September 9 and September 15, 2020, in Lagos.

    Cutix Plc engages in the manufacture and marketing of electrical, automobile and telecommunication wires, cables, and related products. Its products include aluminium twist cables, armoured cables, bare aluminium conductor, flexible or auto cables, and regular cables.

    The company was founded by Gilbert Obiajulu Uzodike and Odi O Nwosu on November 4, 1982, and is headquartered in Nnewi, Nigeria.

    Below are the transaction details

    Insider Dealing: Gilbert Obiajulu Adds 95,900 Cutix Shares to His Holdings

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