| IPO Details |
| Company Profile |
| Summary of the Offer |
| Important Highlights |
| Important Dates |
| Advisers and Vendors |
| Historical Financials |
| IPO Prospectus |
| In the News |
| Name | Standard Alliance Insurance Plc |
| Security Type | Ordinary |
| Ticker | STDINSURE |
| Reuters Code | |
| ISIN | NGSTDINSURE7 |
| Number of Employees | |
| Address | Plot 1182, Olusegun Obasanjo Crescent |
| Off Ibrahim Babangida Way, Wuse II | |
| Abuja, Nigeria | |
| Website | www.sainsuranceng.com |
| Phone | +234-01-4616201-3, 4619199 |
| Fax | +234-01-4619199 |
| info@sainsuranceng.com | |
| Nature of Business | Standard Alliance Insurance Plc is a high profile, technology-driven and customer-oriented company conceived to be among the best insurance companies in Nigeria in both products and service delivery. Incorporated in 1981, the company commenced full operations in 1982 under the name, Jubilee Insurance Company Limited. The company's operations are fully automated reflecting a commitment to use technology to drive excellence in service delivery. Furthermore, the company operates under the revolutionary concept of total quality management (TQM). This guarantees our getting it right the first time all the time. |
| Offer Type | Public Offer |
| Offer Method | Offer for Subscription |
| Purpose | |
| Utilization of Proceeds | |
| Target Investors | |
| Par Value of each share | NGN 0.50 |
| Authorised Share Capital | 8,500,000,000 |
| Fully Paid Share Capital | 3,643,173,450 |
| Shares Offered for Sale | 4,500,000,000 |
| % of Fully Paid Shares Offered for Sale | 123.52% |
| Offer Price per Share | NGN 3.95 |
| Price Earning (PE) Ratio at Offer Price | |
| Dividend Yield at Offer Price | -- |
| Offer Open Date | Friday, Mar 14, 2008 |
| Offer Close Date | Monday, Mar 31, 2008 |
| Allocation Begin Date | Monday, April 14, 2008 |
| Allocations End Date | Monday, May 12, 2008 |
| Results of Allocation Announced | Friday, May 30, 2008 |
| Crediting of CDS Accounts with Shares | Saturday, June 07, 2008 |
| Dispatch of Share Certificates | Saturday, June 07, 2008 |
| Dispatch of refund checks (if applicable) | Friday, May 30, 2008 |
| Commencement of Trading on Nigeria Stock Exchange | Friday, June 13, 2008 |
| Key Numbers | |
| Fiscal Year End | |
| Currency | -- (--) |
| Sales (in millions) | -- |
| 1 Year Sales Growth | -- |
| Annual Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Pre-Tax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Total DPS | -- | -- | -- | -- |
| Quarterly Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Cost of Goods | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Annual Balance Sheet Summary (in millions) | ||||
| -- | -- | -- | -- | |
| Cash & Equivalents | -- | -- | -- | -- |
| Total Current Assets | -- | -- | -- | -- |
| Total Liabilities | -- | -- | -- | -- |
| Share Holder Equity | -- | -- | -- | -- |
| Long Term Debt | -- | -- | -- | -- |
| Annual Consolidated Cash Flow (in millions) | ||||
| -- | -- | -- | -- | |
| Net cash flows generated from (used in) in operating activities | -- | -- | -- | -- |
| Net cash flows generated from (used in) in investing activities | -- | -- | -- | -- |
| Net cash flows generated from (used in) in financing activities | -- | -- | -- | -- |
Standard Alliance Insurance plc Full Prospectus |
| Standard Alliance Insurance plc |