Tag: Coronation Insurance Plc

The Board of Coronation Insurance Plc has announced that it will be hosting its 62nd Annual General Meeting (AGM) in Lagos on the 3rd of September, 2021.

According to a notice signed by the company’s secretary, Mary Agha and sent to the Nigerian Exchange Group Limited (NGX), the meeting will hold at the head office of the insurance firm in Ikoyi-Lagos on the aforementioned date and by 10:00am prompt.

In light of this, the following issues will be discussed;

• The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.
• Board appointments will also be considered and ratified.
• To fix remuneration of managers and Directors in FY 2021.
• To elect shareholders’ representatives of the statutory audit committee.

For more details about the AGM, click HERE.

Coronation Insurance Plc has notified stakeholders and the investing public of its imminent Board of Directors meeting, scheduled to hold on Thursday July 29, 2021.

This is according to a disclosure signed by the Company’s secretary, Mary Agha and sent to the Nigerian Exchange Group Limited.

The meeting is scheduled to consider and approve the unaudited financial statements of the company for the second quarter of the year. In line with this, the company will be observing a closed period from 1st of July, 2021 until 24 hours after the unaudited financial statements have been filled with The Exchange.

Under the closed period, the Directors, employees, persons discharging managerial responsibility, adviser of Coronation Insurance Plc and their connected persons, are restricted from dealing either directly or indirectly in the securities of the company.

What you should know:

• Coronation Insurance Plc had earlier reported a profit after tax N1.2 billion in FY 2020, indicating a massive surge of about 461% Year-on-Year.

For more information about the notice, click HERE.