This is to inform The Nigerian Stock Exchange (The Exchange), our shareholders and the general public that Prestige Assurance Plc (the Company) held its 88th Board Meeting on the 2nd of March 2020 at the Head Office of the Company, 19, Ligali Ayorinde Street, Victoria Island, Lagos.
Amongst other decisions that were arrived at were:
1) After consideration of the Audited Financial Statements for the Year ended 31st December 2019, the accounts were approved by the Board for recommendation to the Shareholders.
2) It was agreed that a Bonus Issue be declared at a ratio to be determined after consultation with the Company's Financial Advisers.
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Graph - One Year Share Price Movement
Table: Unaudited Q3 2019 Results