Friday, Sep 10, 2010
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IPO Details
Company Profile
Summary of the Offer
Important Highlights
Important Dates
Advisers and Vendors
Historical Financials
IPO Prospectus
In the News
 

Company Profile
Name Oasis Insurance Plc
Security Type Ordinary
Ticker OASISINS
Reuters Code
ISIN NGOASISINS02
Number of Employees
Address Oasis House
298 Moshood Abiola Road,
Lagos, Nigeria
Website www.oasisinsuranceplc.com
Phone +234-1-4932448, 4936224
Fax +234-1-4937537
Email info@oasisinsure.com
Nature of Business Oasis Insurance Plc was incorporated on the 9th day of November 1992 and licensed under the Insurance Decree of 1991 to transact all classes of insurance: Life, Pensions and Medical expenses inclusive.

Oasis is a private limited liability company with authorized and paid up share capital of N1billion and N350 million respectively. The registered office of the company is Oasis House, 298 Moshood Abiola Road, (Formerly Ikorodu Road) Anthony - Lagos. The focus is to provide insurance services in all sectors of the economy nationwide.

Oasis is an authorized composite insurance company that underwrites all classes of Life and Non-Life insurance businesses. With an authorized capital of N1 billion and paid up share capital of N545 million, today, we are a household name and one of the leading players in insurance business in Nigeria.

Oasis is a leader in the provision of insurance products and services of high user-value not only in general insurance but especially in the specialized areas of oil, energy, aviation, engineering and industrial risks management.

Summary of the Offer
Offer Type Hybrid Public Offer 
Offer Method Rights Issue 
Purpose  
Utilization of Proceeds  
Target Investors  

Important highlights of the issue
Par Value of each share NGN  
Authorised Share Capital
Fully Paid Share Capital
Shares Offered for Sale
% of Fully Paid Shares Offered for Sale  
Offer Price per Share NGN  4.00 
Price Earning (PE) Ratio at Offer Price  
Dividend Yield at Offer Price --

Important dates and times
Offer Open Date Pending 
Offer Close Date Pending 
Results of Allocation Announced Pending 
Commencement of Trading on Nigeria Stock Exchange Pending 

Advisers to the Company and the Vendors

Historical financial and Operating results
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IPO Prospectus
No IPO Prospectus at this time.

In the News
Latest Company Press Releases
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Latest Company News
No Company News at this time.

Company Market Announcements
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