Lagos, 15 December 2021

Notification of Share Dealing by Insiders

1.

Details of the of Director/Insider

a)

Name

Mr. Femi Otedola

2.

Reason for the notification

a)

Position/status

Significant Shareholder

b)

Initial notification/Amendment

Initial Notification

3.

Details of the issuer

a)

Name

FBN Holdings Plc

Legal Entity Identifier 1

b)

029200370B2O2ZA1C754

Details of the transaction(s): to be repeated for (i) each type of instrument; (ii) each type of

4.

transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial

a)

instrument, type of instrument

Ordinary Shares of FBN Holdings Plc

Identification Code

ISIN: NGFBNH000009

b)

Nature of the transaction

Purchase of Shares

Price(s) and volume(s)

70,000,000

at

N11.50

c)

55,000,000

at

N11.35

40,000,000

at

N11.65

35,000,000

at

N11.65

Aggregate information

d)

-

Aggregated volume

200,000,000

-

Price

N11.52

e)

Date of Transaction

December 6 - 8, 2021

f)

Place of Transaction

Lagos, Nigerian Exchange Limited

SEYE KOSOKO

COMPANY SECRETARY

BOARD OF DIRECTORS: Chairman: Mr. Remi Babalola, Group Managing Director: U.K. Eke, MFR, Directors: Dr. Alimi Abdul-Razaq, Dr. Adesola Adeduntan, Sir Peter Aliogo, Mrs. Kofo Dosekun, Dr. Abiodun O. Fatade, Mr. Khalifa Imam, Mr. Ahmed Modibbo.

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Disclaimer

FBN Holdings plc published this content on 15 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2021 22:18:10 UTC.