UNITED BANK FOR AFRICA : DIRECTORSDEALINGS

1.

Details of the of Director/Insider

a)

Name

Oliver Alawuba

2.

Reason for the notification

a)

Position/status

Group Managing Director

b)

Initial

Initial Notification

notification/Amendment

3.

Details of the issuer

a)

Name

United Bank for Africa Plc

b)

Legal Entity Identifier

0292002067E3RH4D8768

Details of the transaction(s): to be repeated for (i) each type of instrument; (ii) each

4.

type of transaction; (iii) each date; and (iv) each place where transactions have

been conducted

Description of the financial

instrument, type of

Ordinary Shares of United Bank for Africa Plc

a)

instrument

ISIN: NGUBA0000001

Identification Code

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s)

142,528 shares at NGN20.70 per share

Aggregate information

d)

-

Aggregated volume

142,528 shares

-

Price

NGN20.70

e)

Date of Transaction

November 3, 2023

f)

Place of Transaction

Lagos, NGX