Rights Issue

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Universal Insurance Plc. Rights Issue

Following the approval by Securities & Exchange Commission (SEC), we are pleased to inform you that the Rights Issue of 2,666,666,667 Ordinary Shares Of 50 Kobo each at ₦1.20 per share is Now Open and scheduled to close on 10 June, 2026.
 
The Rights Issue is being offered on the basis of One (1) new ordinary share for every Six (6) existing ordinary shares held as at the close of business on the 30 March, 2026. 
 
Accordingly, qualified shareholders are hereby invited to exercise their rights in full or in part in accordance with the instructions set out in the Rights Circular and Application Form. You may confirm your provisional allotment and amount payable via the portal below.
 
You may also download the Rights Circular and the Application Form on the portal.
 
Kindly note that all completed Application Forms are to be submitted through the Issuing House – Vetiva Advisory Services Limited or any receiving agent/stockbroker listed in the Rights Circular for processing. Please note that the acceptance period is time-bound, so we encourage you to take prompt action.
 
Should you require any assistance, kindly contact us at info@carnationregistrars.com

 

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