Mapfre Middlesea plc - Details of 2 for 1 share split

The Board of Directors of Middlesea Insurance plc decided to propose a 2 for 1 share split at the forthcoming Annual General Meeting.

1) The Authorised Share Capital of the Company presently divided into 30,000,000 ordinary shares of Lm0.50 each be split into 60,000,000 ordinary shares of Lm0.25 each;

2) The Issued Share Capital of the Company presently divided into 12,500,000 of Lm0.50 each be split into 25,000,000 of Lm0.25 each.

Pursuant to Article 48(2) of the Articles of Association, such change may be effected by the passing of an ordinary resolution at the Annual General Meeting.

Comments are closed.