AIICO Insurance revealed that a majority shareholder, DF Holdings Limited had acquired additional 27,174,309 ordinary shares at N1.10k per share at the Nigerian Stock Exchange platform.
DF Holdings Limited is based in the United Kingdom which acts as a holding company and provides administrative services to the group.
The notice which was signed by Donald Kanu, Company Secretary and dated January 7, 2021, further shows that the said dealing took place on December 9th 2020.
AIICO Insurance PLC specializes in pension and asset management, general and health insurance, annuity, and life assurance and serves corporations, financial institutions, governments, and individuals in Nigeria.