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press-release
2016ECNotice to Shareholders — Share Subscription Offer (Bid No. FID 003/2023-24)
Nib Insurance Company (S.Co)Disclosure summary
Amharic notice inviting existing shareholders to subscribe for new shares under their pre-emptive right in Article 448 of the Commercial Code. It states that the 16th Extraordinary General Meeting held on 28 Megabit 2016 E.C. resolved to raise the company's capital by a total of Birr 209.7 million, including Birr 109.7 million of undistributed 2022/2023 profit, and that Birr 100 million of shares are offered for sale at Birr 500 per share, fully payable on subscription, with the offer running from 12 Sene 2016 E.C. to 11 Hamle 2016 E.C. No printed publication date appears on the notice; the PDF creation date of 21 June 2024 is used.
Disclosure details
- Institution
- Nib Insurance Company (S.Co)
- Type
- press-release
- Fiscal year
- 2016EC
- Published
- Language
- አማርኛ
- Pages
- 1
- File size
- 72 KB
- Source checked