WorldStage Newsonline– AIICO Insurance Plc, a leading life insurer in Nigeria has filed another notification of share dealing by an insider involving DF Holdings Limited, its majority shareholder who was reported to have purchased 27,174,309 shares at N1.10k per share at the Nigerian Stock Exchange (NSE).
The notification at the Nigerian Stock Exchange (NSE) dated January 27, 2021 and signed by Donald Kanu, Company Secretary confirmed that the transaction took place on December 9th 2020.
WorldStage earlier reported that AIICO on January 7, 2021 filed a notification of share dealing by DF Holdings Limited involving a purchase of 474,603,596 shares when the transaction took place on December 31st 2020.
NSE trading rules require companies to file notifications of insiders’ dealing not later than two days after the transaction.
AIICO Insurance PLC specializes in pension and asset management, general and health insurance, annuity, and life assurance and serves corporations, financial institutions, governments, and individuals in Nigeria.
Check by WorldStage showed that DF Holdings Limited is based in United Kingdom which acts as a holding company and provides administrative services to the group.
