BY NKECHI NAECHE-ESEZOBOR–Nigeria’s lead underwriter, NEM Insurance Plc has announced a new date for it’s share Reconstruction and Redenomination to be completed.
According to a notice made available to BusinessToday Online that “With reference to the notice of Share Reconstruction/Redenomination by NEM Insurance Plc given on the 9th of December 2021, the Company hereby informs its shareholders and the investing public that the reconstruction/redenomination of NEM Insurance Plc’s shares from a nominal share value of N0.50 to N1.00 is yet to be completed.”
It added that to facilitate the completion including the re-listing of the reconstructed shares, the Company hereby gives notice that the exercise will be extended till 29th December 2021, to enable Nigerian Exchange Limited list the reconstructed shares
Please take this as notice in respect of the above.
