NSE delists CRe Plc shares

The Nigerian Stock Exchange (NSE) at the weekend, delisted 10,372,744,312 ordinary shares of Continental Reinsurance (CRe) Plc from its daily official list.
The exchange had granted the company’s approval to delist after it filed an application for voluntary delisting, stating that the delisting was consequent upon a scheme of arrangement between Continental Reinsurance and the holders of its fully paid ordinary shares of 50 kobo each.
Meanwhile, the company had denied delisting plans, sta