Following the communications to the Nigerian Exchange Limited and our esteemed shareholders on NEM Insurance Plc’s share reconstruction exercise, we wish to inform our esteemed Shareholders and the General Public that the Company’s shares reconstruction exercise has been completed.
Therefore, please be informed that:
The nominal share value of NEM Insurance Plc’s shares is now N1.00
The trading suspension which was hitherto placed on the shares of the Company has been lifted effective from Wednesday, 29 December 2021 and the Company’s shares can now be traded