Law Union and Rock Insurance voluntarily delist from NSE

Law Union and Rock Insurance has voluntarily delisted from the daily official list of the Nigerian Stock Exchange.

According to NSE bulletin of 16 October 2020 with reference Number: NSE/RD/LRD/MB56/20/10/16, the Market was notified of the full suspension placed on the shares of Law Union and Rock Insurance Plc to prevent trading in the shares of the Company beyond the effective date of the Scheme of Arrangement by which Kanuri LUR Limited will acquire all the entire issued shares of Law Union.

Following the conclusion of the above referenced Scheme of Arrangement, and sequel to the approval of the Company’s application to delist its entire issued share capital from the Nigerian Stock Exchange, investors should therefore take note that the entire 4,296,330,500 outstanding ordinary shares of Law Union and Rock Insurance Plc were on Thursday, 5 November 2020, delisted from the Daily Official List of The Exchange.

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