SEC grants “no objection” to First HoldCo’s share sales

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SEC grants “no objection” to First HoldCo’s share sales
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The regulator said in a statement signed by Efe Ebelo, its head of external relations that it issued a 'no objection,” following due consideration

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The regulator said in a statement signed by Efe Ebelo, its head of external relations that it issued a "no objection,” following due considerationNigeria’s capeital market’s top watchdog, the Securities Exchange Commission has issued a “no objection” to recent off-market trade involving 10.4 billion shares of First HoldCo Plc.

First HoldCo disclosed in a statement to NGX Regulation Limited on Friday that “the sellers were Barbican Capital Limited & affiliates and Leadway Group & affiliates, and the buyer was RC Investment Management Limited.”

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