Access Holdings Plc has vested its shares in 689 employees under the group’s Restricted Shares Performance Plan.
This was disclosed in a corporate filing with the Nigerian Exchange Limited on Monday.
According to its unaudited report for the third quarter, the Access Holdings Restricted Shares Performance Plan is a key component of the group’s compensation structure, designed as a long-term incentive plan for qualifying staff members.
The Company Secretary, Sunday Ekwochi, who signed the disclosure, noted that the shares were vested on 1 July 2025.
Some of the beneficiaries included the former Acting Chief Executive Officer of the HoldCo, Bolaji Agbede, who received 2,183,406 units of shares; Sunday Ekwochi (655,022 units), Deputy Managing Director, Access Bank Plc; Chizoma Okoli (5,502,183 units), Executive Director, Access Bank; Hadiza Ambursa (3,930,131 units), Group Chief Financial Officer of Access Bank Plc; and Seyi Kumapayi (3,930,131 units), among others.
The PUNCH recently reported that, as of half-year 2025, the highest number of employees of Access Holdings, 2,928 out of 9,820, earned between N17,950,001 and N21,940,000 per annum, followed by 2,118 employees who earned between N11,360,001 and N14,950,000, and 1,994 employees who earned between N7,489,001 and N8,760,000.
The group did not have anyone earning less than N900,000. The lowest earners at Access Holdings were 30 employees, who were paid between N900,001 and N1,990,000 a year.
