Olusegun Ogunsanya, the Chief Executive Officer (CEO) of Airtel Africa Plc (NGX: AIRTELAFRI) has sold some ordinary shares of the company to fund a property purchase.
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Following the transaction, Mr Ogunsanya who is a PDMR of the company, holds 4,325,282 ordinary shares in Airtel Africa.
The share sell happened on the London Stock Exchange on 4 August, 2023.
Mr Ogunsanya sold an aggregate of 666,174.76 shares at an aggregated price of £1.137 per share for an aggregate total of £757,440.70.
The notice of the share transaction was contained in a regulatory filling by Airtel Africa on Friday.
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
