Co-op Bank’s #ticker:COOP chief executive Gideon Muriuki has bought an additional 8.6 million shares in CIC Group #ticker:CIC, cementing his position as the top individual investor in the insurer.
The extra shares, currently valued at about Sh40 million, saw his stake in the Nairobi Securities Exchange-listed firm rise to 5.04 per cent in December 2017 from 4.7 per cent a year earlier.