AIICO Submits an Application for the Approval and Listing of a Rights Issue of 4.36bn


Monday, June 15, 2020 / 03:45 PM / by NSE / Header Image Credit: African Financials


Proshare Nigeria Pvt. Ltd.

AIICO Insurance Plc has through its Joint Stockbrokers, Magnartis Finance and Investment Limited and Stanbic IBTC Stockbrokers Limited, submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Four Billion, Three Hundred and Fifty Seven Million, Seven Hundred and Seventy Thousand, Nine Hundred and Fifty Four (4,357,770,954) ordinary shares of Fifty Kobo (N0.50) each at Eighty Kobo (N0.80) per share, on the basis of five (5) new ordinary shares for every thirteen (13) ordinary shares held.


The Qualification Date for the Rights Issue is today Monday, 15 June 2020.


Please note that this market bulletin supersedes the previous one issued.


Q1 2020 Results Table

Proshare Nigeria Pvt. Ltd.


One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.


Related News

  1. AIICO Lists 4.4bn Shares Arising from Placement to LeapFrog III Nig. Insurance Holdings Ltd
  2. AIICO Notifies of Board Meeting and Closed Period
  3. AIICO Declares N5.9bn PAT in 2019 Q4 Unaudited Results
  4. AIICO 9M 2019: Growth in Net Profit Hits Five-Year High
  5. AIICO Declares N4.69bn PAT in Q3 2019 Results,(SP:N0.69k)
  6. AIICO To Hold EGM On October 14th 2019
  7. AIICO Appoints Mr. Olusola Ajayi As An Executive Director
  8. AIICO Announces The Appointment Of Babatunde Fajemirokun As Managing Director
  9. AIICO Declares N2.94bn PAT in Q2 2019 Results,(SP:N0.64k)
  10. AIICO Declares N1.03bln PAT in Q1 2019 Results,(SP:N0.75k)
  11. AIICO Declares N3.15 bn PAT in 2018 Audited Results; Proposes N0.06K Final Dividend

Proshare Nigeria Pvt. Ltd.
Related News