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


Friday, November 29, 2019 / 02:25 PM / NSE / Header Image Credit: Continental Reinsurance

We refer to our Market Bulletin of 18 July 2019, with Reference Number: NSE/RD/LRD/MB39/19/07/17, notifying Dealing Members of lifting of the suspension initially placed on trading in shares of  Continental Reinsurance Plc (CRe or the Company) to allow the Company reconvene another Court Ordered Meeting to consider the Scheme of Arrangement as directed by the Securities and Exchange Commission (SEC).

Dealing Members are hereby notified that trading in the shares of CRe has been suspended effective today, Thursday, 28 November 2019.

The suspension is to prevent further trading in the shares of the Company beyond the Effective Date (the date the Certified True Copy (CTC) of the Court Sanction will be registered with the Corporate Affairs Commission) of the Scheme of Arrangement by which CRe African Investments Limited (CRe Investments) will acquire all the shares of CRe Nigeria.


Visit Continental Reinsurance Plc IR Page in Proshare MARKETS

Graph - One Year Share Price Movement

 Proshare Nigeria Pvt. Ltd.


Table: Unaudited Q3 2019 Results

 Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

Related News

  1. CONTINSURE Records 51.99% PAT decline in 2019 Q3 Results,(SP:N2.40k)
  2. CONTINSURE Notifies on Court Ordered Meeting
  3. Continental Reinsurance Announces Proposed Acquisition By CRe African Investments Limited
  4. CONTINENTAL REINSURANCE PLC Declares N2.1bn PAT in Q3 2018 Results (SP:N1.41k)
  5. CONTINSURE Records N2.33 Billion PAT in Q2 17 Results SP N1.31k 
  6. CONTINSURE Plc Confirms the Registration of Subsidiary Company in Douala Camero
  7. CONTINSURE Records N515.66 million PAT in Q1 2017 Results SP N1.07k 
  8. CONTINSURE Records 45.54 PAT Growth in 2016 Audited Results SP N1.06k 
  9. Continental Reinsurance Plc Announces Changes on its Board

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Related News