Tag: share reconstruction

Share Reconstruction: NSE Extends IEI Full Suspension

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian Stock Exchange (NSE) Wednesday announced it has extended the full suspension placed on the shares of International Energy Insurance Plc (IEI) in the companies bid to reconstruct its shares. The firm in a notice to the Nigerian Stock Exchange (NSE) and made available […]

Nigeria’s Exchange Places IEI Shares on Full Suspension

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday said it has placed the shares of insurance firm International Energy Insurance Plc (IEI) on full suspension. This is coming on the heels of a proposed share reconstruction from the insurance company which will see its shareholders getting one new share […]

Share Reconstruction: IEI Shareholders Get 1 for 5

By Our Correspondent Lagos (INVESTADVOCATE)-International Energy Insurance Plc (IEI) Monday said its shareholders will get one new share of the company for every five previously held. This is contained in a notice from the company to the Nigerian Stock Exchange (NSE) that it has received all necessary regulatory approvals to […]