Blakeney LLP, one of the major shareholders in UAC of Nigeria Plc (UACN), has continued to sell its stake in the company. The company has engaged in at least 6 separate share sales transactions in the past four months. The most recent share sales is the largest quantity Blakeney has sold in 2020, in a single transaction.

According to the notification of share dealing by insiders sent to the Nigerian Stock Exchange and the investing public by UACN, dated 7 August 2020, Blakeney a substantial shareholder sold...


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