24th February 2011, the HNB Assurance PLC announced to Colombo Stock Exchange, that the Company has decided to issue Rights of 6,250,00 Ordinary Shares at the Price of Rs.62.50 each. The rights are issue at the proportion of 1 new share for 7 shares held.
The Company further announced following information
|Provisional Allotment||11th April 2011|
|Ex-Rights||12th April 2011|
|Dispatch of Provisional Letter of Allotment||20th April 2011|
|Rights trading commences on||27th April 2011|
|Renunciation||5th May 2011|
|Last date of Acceptance & Payment||6th May 2011.|