The Annual General Meeting of members of Africa Prudential Registrars Plc will be held at the CIVIC Centre, Ozumba Mbadiwe, Road Victoria Island, Lagos on Thursday, April 3, 2014 at 10 O’clock in the fore noon.
According to the company Secretary, Musa Bello, there are 5 ordinarybusiness items in the Agenda of meeting which shareholders who are found in the register of members as at the closure of register of members shall be eligible to deliberate on.
1. To receive the Audited Financial Statements for the year ended December31,2013and the Reports of the Directors and Auditors.
2. To elect/Re elect Directors retiring in accordance with the Companies And Allied Matters Act Cap20, LFN 2004.
3. To declare a dividend.
4. To authorize the Directors to fix the remuneration of the Auditors.
5. To elect Shareholders Representatives on the Audit Committee.
While addressing the issue of proxy, the company secretary disclosed that A member entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy to attend and vote in his/her stead. A proxy need not also be a member.
According to the company secretary, all instruments of proxy should be duly stamped at the Stamp Duties Office and deposited at the office of the Company Secretary, No. 220B, Ikorodu Road, Palmgrove, Lagos not later than48hours prior to the time of the meeting.
A total dividend of N700,000,000.00 (Seven Hundred Million Naira) that is N0.35kobo per share subject to deduction of taxes has been recommended by the Board for approval. If approved by Shareholders at the Annual General Meeting, the payment will be made on Friday, April 4, 2014 to Shareholders whose names appear on the Company’s Register of Members as at Friday, March 14, 2014.The Books shall be closed between March 17- 21 both days inclusive for update of register of members.