Lagos, 14th July 2022

PRESS RELEASE

NOTIFICATION OF DELAY IN THE FILING OF AFRICAN ALLIANCE INSURANCE PLC'S UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30th JUNE 2022.

African Alliance Insurance Plc (AAI or the Company) regrets to notify its esteemed shareholders and other stakeholders that the Company will not be able to file its Unaudited Financial Statements for the period ended 30th June 2022 (2022 Q2 UFS) within the regulatory timeline of 30 July 2022.

This delay is occassioned by the fact that the Company's Audited Financial Statements (AFS) for the Year ended 31st December 2021, and also the 2022 Q1 Unaudited Financial Statements (UFS) for the period ended 31st March 2022 have not been filed, a condition precedent for filing of the 2022 Q2 UFS.

We wish to assure you that the Company is working assiduously towards submitting its 2021 Audited Financial Statements for the Year ended 31st December 2021, 2022 Q1 and 2022 Q2 Unaudited Financial Statements upon receipt of approval of its 2021 Audited Financial Statements from the National Insurance Commission (NAICOM).

The Company regrets all inconviniences caused by it delay in releasing the finacial statements. Thank you.

ANTHONIA UDEH (MRS.)

PP: TOPE ADEBAYO & CO.

COMPANY SECRETARY

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

African Alliance Insurance plc published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 17:23:02 UTC.