Access Holdings Plc disclosed to the Nigerian Exchange that 20,567,292 of its shares vested in 56 employees on July 1, 2026, according to a filing dated November 11 and signed by Company Secretary Sunday Ekwochi, who is himself one of the beneficiaries.
The notice came 133 days after the vesting date, and it follows a much larger award of shares to senior staff that was disclosed in July.
The four largest awards, of 2,797,468 shares each, went to Access Bank executive directors Hadiza Ambursa, Seyi Kumapayi, Iyabo Soji-Okusanya and Lanre Bamisebi. Together they account for 54.4% of the units, on MoneyCentral calculations.
At the November 11 close of N27.10 per share, the whole tranche is worth about N557.4 million.
Second Tranche in Two Days
The November notice is the second vesting disclosure for the same week. On July 8, Access Holdings disclosed that 229.8 million shares vested in 77 employees between June 29 and June 30.
Former executive director Bolaji Agbede was the largest beneficiary in that award, with 15.09 million shares. That filing reached the market eight days after the vesting. The July 1 tranche took more than four months.
Many of the same names appear in both lists. Taken together, the two notices put about 250.4 million shares, or roughly 0.46% of the 54.38 billion issued shares, into staff hands over three days at the start of July, on MoneyCentral calculations.
Who Got What
The tranche is heavily weighted towards a few people. Sixteen employees received more than 100,000 shares each and hold 96.3% of the units. The other 40 received between 1,581 and 27,185 shares each.
Inyang Etim received 21,564 shares in this tranche, worth about N584,000 at N27.10. She was one of five Access officials who sold 4.03 million shares between November 4 and November 6.
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