Tag Archives: Sovereign Trust

Shareholders Approves Sovereign Trust Plan To N10 billion

Shareholders of Sovereign Trust Insurance Plc, (STI) on Thursday September 27, 2018 approved the board of directors request to increase the authorized share capital of the company from N7.5 billion to N10 billion, by creation of five billion ordinary shares of 50 kobo each ranking paripassu in all respects with the existing ordinary share of the company. This was one …

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Sovereign Trust To Deepen Retail Market With New Capital

The chairman of Sovereign Trust Insurance Plc (STI), Oluseun Ajayi said the company plans to use the additional capital they are sourcing for to deepen their retail business across the country. Ajayi disclosed this to shareholders today September 21, 2017 at the company 22nd Annual General Meeting (AGM) in Lagos. Ajayi who used the yearly meeting to address some concerns …

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