African Alliance Insurance Plc (the Company) regrets to notify its esteemed shareholders and other stakeholders that the Company’s audited financial statements (AFS) for the year ended 31st December 2020 could not be filled within the regulatory timeline of 31st March 2021.

This delay was occasioned by the fact that one of the Company’s major offshore subsidiary recently obtained the approval of its Financial Statements from its Regulators, hence, the delay in consolidating the Group’s accounts.

We thus wish to reassure our esteemed shareholders and other stakeholders that the Company is working assiduously towards completing and submitting its Audited Financial Statements and is hopeful to do so on or before 30th April 2021.

Thank you.

ABISOLA AKINRIN
PP: TOPE ADEBAYO & CO. COMPANY SECRETARY

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