A.G. Leventis to delist from the NSE
The board of AG Leventis announced it would execute a buyout of other shareholders on behalf of itself, Leventis Holdings S.A and Leventis Overseas Limited.
The offer price is 53 kobo per share which amounts to 85 percent premium to the 60-day volume weighted average share price and 104 percent to the company’s closing price on 23 September 2019. If successfully executed, AG Leventis will delist from the Nigerian Stock Exchange.
- GTB to consider Q3 2019 results October 16, 2019:
In line with the post listing requirements, the Board of Directors of Guaranty Trust Bank Plc will consider the unaudited financial statement for the third quarter ended September 30,2019 on October 16, 2019.
- Resolutions passed at the eTranzact’s AGM
On Thursday September 26,2019, the 15th Annual General Meeting(AGM) of eTranzact International held at Colonades Hotels, Ikoyi Lagos. The audited financial statement for the period ended December 31, 2018 was received. Olaniyi Toluwalope, Hakeem Adeniji-Adele, Jude David Mbamalu, Paul Obanua and Olayinka Oluwatemehin were appointed as directors.
The retiring directors-Wole Abegunde, Afolabi Oladele were approved. The directors were authorised to fixed remuneration for Deloitte and Touche, the company’s auditors. Mathias Dafur and Robert Ibekwe appointed as representatives of the shareholders to the audit committee.
- Honeywell organised AGM
The Annual General Meeting (AGM) of Honeywell Flour Mills took place on September 26,2019 at Victoria Island, Lagos. The company’s audited results for the period ended March 31,2019 was adopted. Olanrewaju Jaiyeola, Nino Ozara, Oluranti Sokunbi were re-elected as directors.
Bakertily Nigeria was appointed as the new independent auditor. Andrew Smith-Maxwell, Oluranti Sokunbi, Wonuola Adetayo, Adebayo Adeleke, Emmanuel Omole and Morenike Omilabu are members of the audit committee.
- Portland Paints and Products Nigeria
The board of Portland Paints and Products Nigeria Plc will on Tuesday October 15, 2019 meet in Lagos to consider the company’s unaudited financial results for the quarter ended September 30, 2019. Close period begins on Monday September 30, 2019.
- Chemical and Allied Products Plc to consider Q3 2019 results in October
The board of Chemical and Allied Products will meet on Thursday October 17, 2019 to deliberate on the company’s unaudited financial results for the period ended September 30, 2019. Close period begins Wednesday October 2, 2019.
- Omatek released 2015 audited financial statement
The board of Omatek Ventures Plc last week released the audited financial statement for the period ended December 31, 2015. The company made N310.39 million as revenue in December 2015 as against N1.14 billion in 2014. It made a loss of N4.40 billion compared to a loss of N892.43 million in 2014.
- Amino International released audited results for 2016,2017 and 2018
The Amino International Plc released the audited financial statements for the periods ended December 2016, 2017 and 2018 respectively.
- Unity Bank released date of AGM
Unity Bank Plc will hold its 13th Annual General Meeting on Wednesday October 16, 2019 at the Shehu Musa Yar’Adua Centre, CBD, Wuse Abuja. The meeting will deliberate on the 2018 audited for the period ended December 31,2018. The re-election of directors and reappointment of external auditors, KPMG will be deliberated upon.
- Annika Poutianen , Airtel Africa’s director sold 11,000 shares
Airtel Africa notified the authorities of the Nigerian Stock Exchange (NSE) that Annika Poutianen sold 11,000 shares at GBP 0.6294 per share. The transaction took place on the London Stock Exchange on September 20,2019.
- Niger Insurance released unaudited financial statements for Q1 and Q2 2019
Niger Insurance Plc has released its unaudited financial statements for the first quarter ended March 31, 2019 and second quarter ended June 30, 2019. The company also released the audited financial statements for the period ended December 30,2018.
- Guinea Insurance released unaudited financial statements for Q1 and Q2 2019
Guinea Insurance Plc has released its unaudited financial statements for the first quarter ended March 31, 2019 and second quarter ended June 30, 2019. The company also released the audited financial statements for the period ended December 30,2018.
- PZ announced resignation of Alexander Goma
PZ Cussons Plc has announced the resignation of Alexander Goma from the board, effective September 30, 2019.
- Seplat Announced transfer of shares
Seplat announced it received notification of a transfer of 4,632,803 ordinary shares registered in the name of Vitol Energy Limited. The sale relates to the Deed of Share Charge entered into between Shebah Petroleum Development Company Limited (“Shebah BVI”, an entity controlled by Dr. A.B.C. Orjiako and members of his family) and Vitol S.A. as disclosed by RNS on 27 May 2015. The remaining 8,167,197 shares held by Vitol Energy Limited will now transfer back to Shebah BVI.
