Cutix Plc Founder Adds 1M Shares to His Holdings

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Dr Gilbert Obiajulu Uzodike, the founder and Chairman of Cutix Plc purchased additional 1,000,000 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 1,000,000 ordinary shares of Cutix Plc at an aggregate price of N2.15, on January 18, 2021.

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.

Below are the transaction details

Cutix Plc Founder Adds 1M Shares to His Holdings Brandspurng

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

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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