AFRINSURE Announces Approval for Extension of Filing Its 2019 Audited and Q1 2020 Results

Friday, June 05, 2020 / 2:09 PM / NSE / Header Image Credit: African Alliance Insurance

African Alliance Insurance Plc (hereinafter referred to as "the Company"), wishes to notify its esteemed shareholders and other stakeholders that the Company has obtained the approval of The Nigerian Stock Exchange (The Exchange) for extension of time to file its Audited Financial Statements (AFS) for the period ended 31st December, 2019 and First Quarter Unaudited Financial Statements (UFS) for the period ended 31^st March, 2020.

The delay in filing the aforementioned accounts is due to the fact that the Company is still awaiting approval of its primary regulator, the National Insurance Commission (NAICOM) on the said accounts.

We sincerely regret any inconvenience that the anticipated delay may occasion to our esteemed shareholders and investing public at large. We are following up persistently to ensure that the company’s accounts are filed with The Exchange on or before 30th June, 2020. 

Visit African Alliance Insurance Plc IR Page in Proshare MARKETS 

Graph - One Year Share Price Movement

Table:  Unaudited Q3 2019 Results

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