UNIVINSURE Receives CAC Directive to Hold AGM

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Wednesday, November 20, 2019 / 01:20 PM / NSE / Header Image Credit: Universal Insurance


The Management of Universal Insurance Plc. (The Company) hereby notifies The Nigerian Stock Exchange (The Exchange), its Shareholders, Stakeholders and the Investing Public that following the lapse of time within which the Company could hold its Annual General meeting (AGM) for the years 2017 and 2018, the Company applied to the Corporate Affairs Commission (The Commission) for an extension of time to hold the said AGM. The Commission however declined to grant an extension due to lapse of time

The Company subsequently applied to the Commission through the Company's shareholders, for the Commission's direction on the calling of the AGM in accordance with S,213 (2) of the Companies and Allied Matters Act CAP C20 LFN 2004.

The Commission has now granted this request and has directed that the Company's AGM be held not later than 31st December, 2019. The specific date for the AGM shall be announced soon.

 

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