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    Monday, September 7, 2020

    AM&P Advisory Services Acquires Shares of UAC of Nigeria PLC

    AM&P Advisory Services which has an indirect relationship with the Group Managing Director of UAC of Nigeria Plc (UACN) has bought 55.1million units of the company’s shares at N5.68 per unit which amounted to N312,968,000

    Godwin A Samuel, Company Secretary/Legal Adviser confirmed in a notice on Share Dealing by Insiders published by the Nigerian Stock Exchange (NSE) that the transaction took place on the 31st August, 2020 at the NSE, Lagos, Nigeria.

    UACN with 1 486 employees is a diversified group organized around seven areas of activity: which include production and sale of animal feed (54.4% of net sales).

    The group also produces cereals and edible oils; manufacturing of food products (20.2%): soft drinks, fruit juices, bottled water, snacks, ice cream, etc.; manufacturing and sale of paints (13.4%); logistics services (7.4%); development and management of residential and commercial real estate assets (2.8%); fast food services (1.6%); other (0.2%): primarily financial services.

    As at close of trading on Monday, September 7, 2020, UACN shares traded at N6.3 per share with 44 transactions involving 639,776 shares value at N3,919,054.35.

    UACN is a leading diversified Company, operating in the Food and Beverage, Real Estate, Paint and Logistics sectors of the economy.
    It has a rich and diverse history and has been active in the Nigerian economic landscape since 1879 holding. Incorporated over 2 years ago (December 19, 2017) in Mauritius, AM&P Advisory Services is a company limited by shares.
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