STACO Notifies of the Company’s Board Meeting and Closed Period


Thursday, March 07, 2019 08:52AM / NSE


The Board of Directors of Staco Insurance Plc (the “Company”) is scheduled to meet in Lagos on Wednesday, 20th March, 2019 to consider and recommend to the shareholders of the Company for approval of the reconstruction of the share capital of the Company and to raise additional capital.

In compliance with Rule 17.18 of Part II of the Amended Listing Rules of the Nigerian Stock Exchange, we wish to notify The Nigerian Stock Exchange (“The Exchange”) and our esteemed stakeholders that the Company hereby declares the commencement of the closed period for trading in its shares from Wednesday, 6 March 2019.

Accordingly, no Directors, persons discharging managerial responsibilities, employees with sensitive information, advisers and consultants of the Company and their connected persons may directly or indirectly deal in the securities of the Company until 24 hours after the resolutions passed at the meeting is submitted to The Exchange.

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