Sunu Assurances Nigeria Plc lists 3.01bn ordinary shares on NSE

Adebayo Obajemu

Sunu Assurances Nigeria Plc has notified the investing public of the listing of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share on the daily official list of the Nigerian Stock Exchange on Friday, 19 February 2021.

The additional shares listed on the Exchange arose from SUNU Assurances’ private placement of 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share to SUNU Participations Holdings SA and SUNU Assurances Vie Cote D’ivoire SA. With this listing of the additional 3,010,800,000 ordinary shares, the total issued and fully paid up shares of SUNU Assurances Nigeria Plc has now increased from 2,800,000,000 to 5,810,800,000 ordinary shares of 50 kobo each.