AIICO Notifies of Board Meeting Resolutions


Thursday, June 18, 2020 / 1:25 PM / NSE / Header Image Credit: Nairametrics

AIICO Insurance Plc (the Company) wishes to notify The Nigerian Stock Exchange, its shareholders and the investing public that at the Company's Board of Directors' meeting held on May 12, 2020 the following resolutions were considered and approved:

  1. That the ratio of the proposed Rights Issue shall be 5 new shares for every 13 shares held and;
  2. Declaration of Bonus shares of 1 new share for every 5 shares held, to be proposed at the Company's next Annual General Meeting.  

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