LASACO Assurance successfully reconstructs 7.3bn ordinary shares

LASACO Assurance successfully reconstructs 7.3bn ordinary shares

LASACO Assurance successfully reconstructs 7.3bn ordinary shares   LASACO Assurance Plc has announced the completion of its share reconstruction exercise of about 7.3 billion ordinary shares. The Nigerian Stock Exchange (NSE) disclosed this through the weekly trading report at the bourse obtained on Sunday by Business Metrics. LASACO Assurance Plc had earlier informed the market that it had obtained regulatory approval to reconstruct 7,334,343,421 ordinary shares of 50 kobo each at N0.42 per share in the ratio one (1) new ordinary shares for every four (4) ordinary shares previously held by…

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NSE authorises LASACO Assurance to restructure shares

LASACO Assurance

NSE authorises LASACO Assurance to restructure shares   LASACO Assurance Plc has said the Nigerian Stock Exchange (NSE) has authorised the company to reconstruct its issued and fully paid-up share capital of 7,334,343,421 ordinary shares of 50 kobo each in the ratio of one new ordinary share for every four ordinary shares previously held by the shareholders. It said this in a statement by its Company Secretary, Gertrude Olutekunbi, on Tuesday titled “Notice of share reconstruction’. The company said this followed the approval of its shareholders at its 39th annual…

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