OREANDA-NEWS. Further to the Cautionary Announcement dated 20th April 2016, the Directors of NicozDiamond Insurance Limited (“the Company”) wish to advise shareholders that the Company is still engaged in discussions with a potential strategic investor, which if successful, may result in a transaction which may have a material impact on the Company’s share price.

Shareholders are thus advised to continue exercising caution when dealing in the Company’s shares...