SUNUASSUR Anounces Results of Its Private Placement of 3.01bn Ordinary Shares


Tuesday, February 09, 2021 / 3:23PM / NSE / Header Image Credit: BrandSpur

Proshare Nigeria Pvt. Ltd.

Announces the result of the Private Placement exercise of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share, with respect to the Private Placement Memorandum dated Monday, January 4, 2021.

  • A total of two (2) applications for 3,010,800,000 ordinary shares were received in connection with the Private Placement.
  • All the two (2) applications for 3,010,800,000 ordinary shares were found to be valid, accepted and processed accordingly.
  • The Private Placement exercise is therefore 100% subscribed.

The breakdown of the allotment is provided below:

Proshare Nigeria Pvt. Ltd.

The Securities & Exchange Commission has cleared the Basis of Allotment stated above as well as this announcement.

CSCS accounts of successful allotees will be credited with shares allotted not later thaFnriday, February 12, 2021 by the Registrars to the Issue, Crescent Registrars Limite,d 23, Olusoji Idowu Street, Ilupeju, Lagos.


  1. Visit Sunu Assurances Nigeria Plc IR Page in Proshare MARKETS

Graph - One Year Share Price Movement

 Proshare Nigeria Pvt. Ltd.


Table:  Q3 2020 Unaudited Results

 Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News

1.       SUNUASSUR Declares N301m Loss in Q4 2020 Results SP N0.20k ...

2.      Sunu Assurances Nigeria Plc Completes Share Capital Reconstruction...

3.  NSE Places Trading in the Shares of Sunu Assurances Nigeria Plc on Full Suspension 

4.      Sunu Assurances Nigeria Plc Proposes Share Capital Reconstruction 

5.      EQUITYASUR Announces the Resolutions Passed At Its 33rd AGM 

6.      EQUITYASUR Declares N592m Loss in Q2 2020 Results SP N0.22k ... 

7.  EQUITYASUR Notifies of Board Meeting Date and Commencement of Closed Period... 

8.     EQUITYASUR To Hold 33rd AGM on July 30 2020 Lists Proxies... 

9.      EQUITYASUR Declares N764m Loss in Q1 20 Results SP N0.2k 

10.  EQUITYASUR Postpones Board Meeting for Q1 2020 Accounts... 


Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News