AIICO Insurance declares bonus to shareholders

AIICO Insurance Plc has notified the investing public of its proposed  additional 1 (one) bonus share for every 5 (five) ordinary shares held by existing shareholders of the Company as at December 2, 2020. These shares will be issued from the share premium account and are being issued to enable the Company to meet up with the new minimum capital requirement as directed by the National Insurance Commission (NAICOM).

Qualification date is on Monday, 30 November, 2020 and Closure of Register is on Tuesday, 1st – Monday, 7th December, 2020.

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