GBOLABO AFUWAPE
Great Nigeria Insurance (GNI) Plc has voluntarily delisted from trading it’s entire issued Share Capital on the floor of the Nigerian Stock Exchange (NSE).
The Nigerian Stock Exchange made the announcement on Friday in a statement signed by the Godstime Iwenekhai, Head, Listings Regulations Department, NSE.
The NSE in the statement said “Further to our market bulletin of 13 December 2018 notifying Dealing Members of the approval of the application filed by MBC Securities Limited on behalf of Great Nigeria Insurance Plc (GNI) for the voluntary delisting of the entire share capital of GNI, please be informed that the entire issued share capital of GNI were today, Friday, 25 January 2019, delisted from the Daily official List of the NSE”.
The stock of GNI has in the last 4 and half years remained flat at N0.50k. it only attained it’s 5yearshigh of N0.58 within the first half of 2014.
Comments are closed.