AXA approaches stock investors for fresh N12.75bn capital

AXA Mansard Health Insurance

Creates new 25.5bn new shares ____________________________  AXA Mansard Insurance Plc has revealed plans to raise its share capital from its current N5.25 billion to N18 billion, equivalent to 242.86 per cent increase. The company made this known through a filling at the Nigerian Stock Exchange (NSE) informing its shareholders and the investing public of an Extraordinary General Meeting where the issue of capital raise, alongside many other issues will be discussed. According to the company, the new capital target will be raised by creation of additional 25.5 billion ordinary shares…

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