AN additional 1,130,000,000 ordinary shares of Consolidated Hallmark Insurance Plcwere listed on the Daily Official List of The Nigerian Stock Exchang (NSE)
The additional shares listed on the Exchange arose from Consolidated Hallmark’s placement of 1,130,000,000 ordinary shares of 50 kobo each at 65 kobo per share.
With this listing of the additional 1,130,000,000 ordinary shares, the total issued and fully paid up shares of Consolidated Hallmark has now increased from 7,000,000,000 to 8,130,000,000 ordinary shares of 50 kobo each
The insurance company’s book indicated that gross premium written increased from N4.5 billion in 2017 to N5.4 billion in 2018. Its Profit before tax increased from N360 million in 2017 to N422 million in 2018, while Profit after tax also rose from N207 million in 2017 to N355 million in 2018.
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