WAPIC INSURANCE PLC – Resolutions of the Meeting of Board of Directors

Wapic Insurance Plc has notified The Nigerian Stock Exchange that at the meeting of its Board of Directors held on 29^th January, 2016, the following resolutions were passed:

• The Board of Directors approved the 2015 Audited Financials of the Company for submission to the National Insurance Commission (NAICOM).
• That the Board of Directors of the company approved the payment of dividend to shareholders, subject to the approval of the Company’s 2015 Audited Financials by NAICOM.
• That the trading closed period for the directors and related parties have commenced from 29^th January, 2016.

The Company stated that further information regarding the 2015 Audited Financials shall be communicated to The Exchange and investing public upon receipt of the anticipated NAICOM approval.