WorldStage Newsonline– Sunu Assurances Nigeria Plc has confirmed that the private placement of its 3,010,800,000 ordinary shares of 50 kobo each at N1.00 per share was 100% subscribed
According to the company, “a total of two applications for 3,010,800,000 ordinary shares were received in connection with the Private Placement.
“All the two applications for 3,010,800,000 ordinary shares were found to be valid, accepted and processed accordingly.
“The Private Placement exercise is therefore 100% subscribed.
“The Securities & Exchange Commission has cleared the Basis of Allotment stated above as well as this announcement.”
