INITIATES : DIRECTORSDEALINGS

				THE INITIATES PLC.
WASTE MANAGERS & INDUSTRIAL CLEANERS	RC266755
Lagos, Nigeria
13th June, 2024
		Notification of Share Dealing by Insiders
1.	Details of the of Director/Insider
a)	Name		AFOLAYAN SAMUEL OLAJIDE
2.	Reason for the notification
a)	Position/status	SUBSTANTIAL SHAREHOLDER
b)	Initial notification/Amendment	INITIAL NOTIFICATION
3.	Details of the issuer
	Name
a)			THE INITIATES PLC
b)	Legal Entity Identifier 1
	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
	Identification Code	ISIN: NGINITSPLC05
b)	Nature of the transaction	Sale of Holdings
c)	Price(s) and volume(s)	131,000 units @ N1.70 per share
	Aggregate information
d)	-	Aggregated volume	131,000
	-	Price	N1.70
e)	Date of Transaction	05/06/2024
f)	Place of Transaction	NGX

Signature:

Name of Signatory: OLAIDE ODEJOBI

Designation of Signatory: COMPANY SECRETARY

J.O. Anosikeh (Chairman)

R.M. Ossai (CEO & MD)

Oboh-OZOHEREBE.G.(NON-EXECUTIVE)

Prof. E.A.D. Alikor (NON-EXECUTIVE)

J. Ebinum (NON-EXECUTIVE)

DR.BASSEY, DOROTHY(INDEPENDENT NON-EXECUTIVE)

Plot 400, LOCATION (NEW) ROAD OFF ABA/PH EXPRESS BY OYIGBO JUNCTION UMUEBULE 5 P.O.BOX 7242

PORT HARCOURT

Phone [phone] www.initiatesgroup.com

EMAIL: [e-mail]