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D i r e c t o r s a n d c o m m u n i c a t e d t o shareholders in respect of a specific Future Dividend. The resulting number of New Ordinary Shares shall be rounded down to the nearest whole number of shares in order to deal with any fractional shares which may arise;
NOTES
Attendance and Voting at the AGM
A member entitled to attend and vote at the AGM can appoint a proxy to attend and vote in his/her/its stead.
For the appointment of a proxy to be valid, executed proxy forms must be deposited at the office of the Registrar, Coronation Registrars Limited, 9, Amodu Ojikutu Street, Off Adeola Odeku Street, Victoria Island, Lagos, or via email to eforms@coronationregistrars.com; not less than 48 hours before the time fixed for the meeting. A blank proxy form is enclosed.
Stamping of Proxy Forms
The Company has made arrangements, at its cost, for stamping the duly completed and signed proxy forms submitted to the Company’s Registrar within the stipulated time.
Statutory Audit Committee
In accordance with section 404(6) of the Companies and Allied Matters Act No. 3 of 2020 (as amended) (“CAMA”), any shareholder may nominate a shareholder for appointment to the Statutory Audit Committee. Such nomination should be in writing and should reach the Company Secretary at least twenty-one (21) days before the Annual General Meeting.
Kindly note that by virtue of the provisions of the Code of Corporate Governance issued by the Securities and Exchange Commission (“SEC”) and the CAMA, all members of the Statutory Audit Committee should be financially literate and at least one member must be a member of a professional accounting body in Nigeria established by an Act of the National Assembly. In view of the foregoing, nominations to the Statutory Audit Committee should be supported by the curricula vitae of the nominees.
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