Page 43 - Continental Reinsurance 2022 Annual Report

Directors' Report 41

8.3. Directors' Interest
The direct and indirect interests of Directors in the issued share capital of the Company, as recorded in the
register of Directors' Shareholdings and/or as notified by them for the purpose of Section 301 of the
Companies and Allied Matters 2020, are as follows:

Number of 50 kobo Ordinary Shares held as of December 31st.

Director 2022 2021
Mr. Paul O. Kokoricha Direct Indirect Direct Indirect

1* 1*

8.4. Directors' interests in contracts
For the purpose of Section 303 of the Companies and Allied Matters Act CAP 2020, none of the directors
has notified the Company of any declarable interest in contracts with which the Company was involved as
of December 31st, 2022.

9. Acquisition of own shares
The Company did not purchase any of its shares during the year.

10. Ownership structure
The issued and fully paid-up share capital of the Company as of December 31st, 2022, was NGN
6,258,602,165.50 divided into 12, 517, 204, 331 ordinary shares of 50 kobo each.

December 31, 2022 December 31, 2021

Foreign No. of No. of % No. of No. of %
Nigerian Holders Shares 99.9 Holders Shares 99.9
0.01 0.01
1 12,517,204,330 1 12,517,204,330
1 1 1 1