African Alliance Insurance Plc Announces Approval for Extension of Filing Financial Statements for FY 2020 & Q1 2020

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Fourth right: MD/CEO African Alliance Insurance Plc, Funmi Omo and other dignitaries during the unveiling event of the new African Alliance Insurance corporate identity in Lagos

African Alliance Insurance Plc wishes to notify its esteemed shareholders and other stakeholders that the Company has obtained the approval of The Nigerian Stock Exchange for extension of time to file its Audited Financial Statements (AFS) for the period ended 31st December 2019 and First Quarter Unaudited Financial Statements (UFS) for the period ended 31st March 2020.

The delay in filing the aforementioned accounts is due to the fact that the Company is still awaiting approval of its primary regulator, the National Insurance Commission (NAICOM) on the said accounts.

We sincerely regret any inconvenience that the anticipated delay may occasion to our esteemed shareholders and investing public at large. We are following up persistently to ensure that the company’s accounts are filed with The Exchange on or before 30th June 2020.