Coronation Insurance announces board meeting

By Kayode Tokede

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.

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