STACO Notifies of Extension of Time to Hold 2018 Annual General Meeting

Proshare

Monday, January 28, 2019 12:32PM / NSE 

Staco Insurance Plc (the Company) hereby notifies its esteemed Shareholders, Stakeholders, the Nigerian Stock Exchange (The Exchange) and the general public that the Company has obtained the approval of the Corporate Affairs Commission (CAC) to extend the time for the Company to hold its Annual General Meeting (AGM) for the year 2018.

The reason for not holding the AGM in 2018 is due to the delayed approval of the Company’s Audited Financial Statements for the year ended 31st December, 2017 by our primary regulator, the National Insurance Commission (NAICOM).

We hereby reaffirm our commitment to hold the AGM on or before the 31st day of March, 2019 as directed by the CAC.


Proshare Nigeria Pvt. Ltd.

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