Further to the appointment and application of Stanbic IBTC Stockbrokers Limited (“SISL”) as the stockbroker to the transaction – “Proposed Scheme of Arrangement between Allianz Nigeria Insurance Plc and the holders of its fully paid ordinary shares of 50 kobo each (the “Transaction)”, we wish to in form you of the following:
1. Last Trading Date of Allianz Nigeria Insurance Plc on NASD OTC Securities Exchange will be Tuesday 10 November 2020.
2. And Subsequently the shares would be place on a Full Suspension at Close of Business Tuesday 10 November 2020 in lieu of the transaction.