The 50th Annual General Meeting (AGM) of AIICO Insurance Plc will be held on Tuesday, December 8, 2020 at Radisson Blu Hotel, 38-40 Isaac John Street, Ikeja, Lagos State at 12:00 pm.
The meeting is set to transact the following business which will be presented for deliberation of additional Declaration of 1 (one) bonus share of AIICO Insurance for every 5 (five) ordinary shares held by existing shareholders of the Company as at November 30, 2020.
These shares will be issued from the share premium account and are being issued to enable the Company to meet up with the new minimum capital requirement as directed by the National Insurance Commission (NAICOM).