First HoldCo Plc’s share price dropped 8.22% to N52.5 on Thursday. The stock previously traded at N57.2.
This decline follows growing negative investor sentiment before a July 28, 2026, board meeting. Directors will consider unaudited financial statements for the period ending June 30, 2026.
The recent sell-off has pushed the company's total price depreciation above 13%.
First HoldCo entered a regulatory closed period on July 1, 2026. This restriction prohibits insider trading until 24 hours after the financial results are filed.