Press releases, Reports & Disclosures for Union Insurance Company
Resolution No. (258) of 2024 announced the temporary suspension of trading on the shares of Union Insurance Company. The suspension is due to coincide with the company's AGM, which will be held at 12:00 on 11-Jan-2024. Trading will be suspended from 09:00 on 11-Jan-2024 until the AGM results are received by ADX. The resolution instructs all department heads at ADX to execute the suspension in their respective fields and to circulate the resolution to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 15/12/2023.
Resolution No. (256) of 2023 temporarily suspends trading on the shares of Union Insurance Company. This is due to the company's failure to submit their Board of Directors meeting result. The suspension will be effective from 1-Dec-2023 until the results of the Board of Directors meeting are disclosed. The resolution mandates all heads of departments in ADX to execute this decision in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution has been approved by the authorized person and was issued on 01/12/2023.