The Board of Directors of AIICO Insurance Plc wishes to inform the shareholders of AIICO Insurance Plc that the earlier date, Wednesday, 30th September 2020, it intended to hold its Annual General Meeting (AGM), earlier published by the Company as contained in the Corporate Action posted on the portal of The Nigerian Stock Exchange will no longer hold as earlier published.
The Company intends to now hold its 2019 AGM on December 8, 2020.
This change in date is occasioned by the delay in concluding a number of transactions
earmarked as conditions precedent to the Annual General Meeting. One of the conditions is (but not limited to) the conclusion of Rights Issue to the shareholders of the Company which although has now commenced, was delayed majorly because of the issues arising from the COVID-19 pandemic.
A formal notice of meeting including venue and time will be communicated to the shareholders in due course.