NSE Delists Continental Reinsurance Plc From Its Daily Official List


Friday, January 17, 2020 / 7:40 PM / NSE / Header Image Credit: Continental Reinsurance

We refer to our market bulletin of 28 November 2019, wherein the Market was notified of the full suspension placed on the shares of Continental Reinsurance Plc (CRe or the Company) to prevent trading in the shares of the Company beyond the Effective Date of the Scheme of Arrangement by which CRe African Investments Limited (CRe Investments) will acquire all the shares of CRe Nigeria.

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 10,372,744,312 ordinary shares of Continental Reinsurance Plc were today, Friday, 17 January 2019, delisted from the Daily Official List of The Exchange.


Graph - One Year Share Price Movement

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1.            NSE Suspends Trading of The Shares of Continental Reinsurance Plc Effective November 28, 2019

2.             CONTINSURE Records 51.99% PAT decline in 2019 Q3 Results,(SP:N2.40k)

3.             CONTINSURE Notifies on Court Ordered Meeting

4.             Continental Reinsurance Announces Proposed Acquisition By CRe African Investments Limited

5.             CONTINENTAL REINSURANCE PLC Declares N2.1bn PAT in Q3 2018 Results (SP:N1.41k)

6.             CONTINSURE Records N2.33 Billion PAT in Q2 17 Results SP N1.31k 

7.             CONTINSURE Plc Confirms the Registration of Subsidiary Company in Douala Camero

8.            CONTINSURE Records N515.66 million PAT in Q1 2017 Results SP N1.07k 

9.             CONTINSURE Records 45.54 PAT Growth in 2016 Audited Results SP N1.06k 

10.         Continental Reinsurance Plc Announces Changes on its Board

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

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