Societe Fonciere Europeenne B.V. (a wholly-owned subsidiary of Allianz SE) has secured the approval of the Securities & Exchange Commission to make a Mandatory Take-Over Offer for up to 10,000,000 Ordinary Shares in Ensure Insurance Plc at N0.72 per Share. The Mandatory Take-Over Offer opened on 26 September 2018 and will close on 16 October 2018.
In order to accommodate this exercise, the shares of Ensure Insurance Plc have been suspended from trading on the NASD OTC Securities Exchange for the duration of the Mandatory Take-Over Offer up until 22 October 2018