By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Femi Otedola acquires 5% stake in FBN Holdings
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Business

Femi Otedola acquires 5% stake in FBN Holdings

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: October 23, 2021
Share
1 Min Read
FBN Holdings
FBN Holdings
SHARE

FBN Holdings Plc has announced that Femi Otedola, the Chairman of Calvados Global Services Limited, has acquired a 5% stake in the company.

This company made this announcement in a statement signed by the company secretary, Seyi Kosoko issued via the Nigerian Exchange Limited’s portal on Saturday.

The statement reads: “We refer to our communication to the market dated October 22, 2021 on the above subject wherein we stated that we would inform the public of any substantial acquisition, upon receipt of notification from the Shareholder.

“This morning, October 23, 2021, FBN Holdings Plc received a notification from APT Securities and Funds Limited, that their client, Mr. Otedola Olufemi Peter and his nominee, Calvados Global Services Limited have acquired a total of 1,818,551,625 units of shares from the company’s issued share capital of 35,895,292,791.

- Advertisement -

“Based on the foregoing, the equity stake of Mr. Otedola Olufemi Peter and his nominee in the company is now 5.07 per cent.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:FBN HoldingsFemi OtedolaOtedola
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article eNaira CBN: Buhari to unveil eNaira on October 25
Next Article Aminu Bello Masari Insecurity: Declare state of emergency, Masari urges FG

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Lagos Police Clarify Viral Video of Young Men in Ibeju-Lekki as Legitimate Dangote Refinery Workers
News Top stories
FG Rolls Out Bold Family Unity Plans Amid Rising Urban Struggles
News
Trade Tensions and Tariffs Push Global Economy to Brink, UN Warns
International
Atiku Abubakar
Atiku Slams Post-Obasanjo Presidents Over Boko Haram, Credits Obasanjo for Early Victory
News
Rudeboy Drops New Single ‘Billos’
Entertainment
- Advertisement -
Ad imageAd image

You May Also Like

Explainer

GTBank Entry Level Program 2025: All You Need to Know

Okay.ng
Okay.ng
May 16, 2025
Politics

Delta Governor: Defection to APC Aimed at Advancing State, Not Weakening PDP

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 15, 2025
News

Tinubu to Attend Pope Leo XIV’s Inauguration in Rome

Muhammad A. Aliyu
Muhammad A. Aliyu
May 15, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?