NSE Delists Law Union and Rock Insurance Plc from Its Daily Official List

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Sunday, November 08, 2020   /07:07 AM / by NSE / Header Image Credit: Law Union and Rock Insurance Plc 


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We refer to our market bulletin of 16 October 2020 with reference Number: NSE/RD/LRD/MB56/20/10/16 wherein the Market was notified of the full suspension placed on the shares of Law Union and Rock Insurance Plc (Law Union or the Company) to prevent trading in the shares of the Company beyond the Effective Date of the Scheme of Arrangement by which Kanuri LUR Limited will acquire all the entire issued shares of Law Union.

Following the conclusion of the above referenced Scheme of Arrangement, and sequel to the approval of the Company's application to delist its entire issued share capital from The Nigerian Stock Exchange (The Exchange), please be informed that the entire 4,296,330,500 outstanding ordinary shares of Law Union and Rock Insurance Plc were on Thursday, 5 November 2020, delisted from the Daily Official List of The Exchange


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Graph - One Year Share Price Movement

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Table:  Q2 2020 Unaudited Results

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