Home Meeting notice FIDSON HEALTHCARE: NOTICE OF CONVENING OF THE ANNUAL GENERAL MEETING –

FIDSON HEALTHCARE: NOTICE OF CONVENING OF THE ANNUAL GENERAL MEETING –

0






Fidson Healthcare Plc

Opinion of 23rd annual general meeting

To remark is given that the 23rd annual general meeting of Fidson Healthcare Plc will be held on Thursday 28e from July 2022 to

Conference Center 2n/a Floor, Fidson Towers, 268 Ikorodu Road, Obanikoro, Lagos at 10:00 a.m. to deal with the following matters:

Ordinary business

  1. Submit to the meeting the audited accounts for the year ended 31st December 2021, as well as the reports of the directors, auditors and audit committee relating thereto.
  2. To declare a dividend of 50 kobo for every 50 ordinary shares of kobo amounting to a total of N1,043,180,125 (one billion and forty-three million one hundred eighty thousand one hundred twenty-five naira only).
  3. To re-elect Mr. Olusegun Adebanji, aged over 70, as a director in accordance with Articles 261 and 282 of Companies and

Allied Matters Act, 2020, special notice hereby given and to re-elect the other directors who are due for re-election.

  1. Authorize the directors to set the remuneration of the auditors.
  2. Disclose the remuneration of the Managers of the Company.
  3. To elect members of the audit committee in accordance with section 404(3) of the Companies and Related Matters Act 2020.

Special cases

7. Consider and, if it sees fit, pass the following as an ordinary resolution:

  1. ISSUE OF FREE SHARES
    “That, in accordance with the recommendation of the Board of Directors
    directors and to comply with the provisions of section 124 of the Companies and Related Matters Act 2020 and Regulation 13 of the Companies Regulations 2021 in respect of the

1

Fidson Healthcare Plc

unallocated shares of the company, a free allocation of a new ordinary share of 50 kobo for every ten ordinary shares held at the close of trading on 8e from July 2022and totaling 208 636 025 the common shares be and are hereby issued pari-pasu in all respects with the existing common shares of the company.

    1. ‘That in pursuance of the foregoing and pursuant to Section 430(5) of the Companies and Related Matters Act 2020, the sum of N104,318,012.50 (one hundred and four million three hundred and eighteen thousand twelve naira, fifty kobo) out of the total balance of N4,933,932,000 (four billion nine hundred and thirty-three million nine hundred and thirty-two thousand Naira) standing to the credit of the share premium account only and is hereby applied to the issuance of bonuses.
    2. “That the Directors be and are hereby authorized to allot any amount of shares outstanding after the issuance of bonuses, whether through employee share programs or in any way they deem appropriate to a counterpart which will be fixed by them”
    3. “That the directors are and are hereby authorized to do all things necessary to give effect to the awards with the relevant regulators by way of registration and/or listing.”
  1. Fix the remuneration of directors.
  2. Consider and, if deemed fit, pass the following as ordinary text

resolution:

“That in accordance with Rule 20.8 of the Regulations of the Nigerian Exchange Limited,

2015: Issuer rule, the general mandate given to the Company to enter into recurring transactions with related parties for the day-to-day operations of the Company, including, among others, the purchase of

2

Fidson Healthcare Plc

goods and services, on normal trade terms be and is hereby renewed.”

REMARKS 1. Proxy

A member entitled to attend and vote at the Annual General Meeting has the right to appoint a proxy to attend and vote in his place. A proxy form is attached. All Powers of Attorney must be duly completed and deposited at the registered office of the Company at No. 268 Ikorodu Road, Obanikoro, Lagos or at the office of the Registrars, Meristem Registrars and Probate Services Limited, 213 Herbert Macaulay Way, Adekunle Yaba, Lagos or by email to [email protected] no later than 48 hours before the start of the meeting to allow the Company to stamp the proxy forms at its expense.

PROXY:

In view of the COVID-19 pandemic and the directives issued by the competent authorities on physical distancing and the prohibition of large gatherings, the Corporate Affairs Commission has approved that attendance at the meeting is by proxy only. Accordingly, Members are required to appoint any person below who is also a shareholder of the Company, including the Chairman, as proxies to attend and vote in their place:

  1. Mr. Segun Adebanji
  2. Dr Fidelis Ayebae
  3. Chief Matthew Akinlade, FCA
  4. Alhaji Abdulkabir Babatunde Sarumi
  5. Mr. Solomon S. Akinsanya
  6. Dr. Anthony O. Omojola
  7. Ms Adebisi Bakare
  8. Mr. Owolabi Peters.
  9. Mr. Tunji Bamidele
  10. Mr. Godwin Ede.
  11. Lawyer. Ganiyat Adetutu Siyanbola

3

Fidson Healthcare Plc

  1. Mr. Nonah Awoh.
  2. Mrs. Efunyemi Obideyi 14.M. Badmus Tunde

2. Payment of the dividend

If the dividend recommended by the directors is approved by the members at the annual general meeting, the payment will be made on Friday 29e of July 2022 to members whose names appeared in the register of members at the close of business on the 8e of July 2022. In accordance with Securities and Exchange Commission guidelines to pay dividends electronically by direct credit to shareholders’ bank accounts, the dividend would be paid accordingly.

3. Closing of the register of members.

The register of members and the transfer books of the society will be closed from 11e at 15e of July 2022 (both dates inclusive) for the convening of the annual general meeting and the payment of the dividend.

4. Appointment of members of the Audit Committee

Any member may appoint a shareholder as a member of the audit committee by giving written notice of such appointment to the company secretary at least 21 days before the date of the annual general meeting.

Section 404(5) of the Companies and Related Matters Act 2020 provides that all members of the audit committee must be financially literate and at least one member must be a member of a professional accountancy body created by an Act of the National Assembly of Nigeria. It may therefore be necessary to attach a curriculum vitae to each application for verification.

5. Electronic dividend

In accordance with the directive of the Securities and Exchange Commission, notice is hereby given to all shareholders to respectively open a bank account,

4

Fidson Healthcare Plc

brokerage account and CSCS account for e-dividend. Forms are attached to this annual report for completion by all shareholders to provide details of these accounts to the Registrars (Meristem Registrars and Probate Services Limited) as soon as possible.

6. Rights of security holders

In accordance with Rule 19.12 (c) of the Nigerian Exchange Limited, a member and other security holders of the company may ask questions not only at the annual general meeting but also in writing before the meeting. These questions must be submitted at least one week before the date of the meeting.

seven. GA LIVE STREAM

To allow shareholders and other stakeholders who will not be able to physically attend the meeting to follow the progress of the meeting, the annual general meeting will be broadcast live. The link for the live stream will be made available on the Company’s website: fidson.comon time.

BY ORDER OF COUNCIL

J. ABAYOMI ADEBANJO, COMPANY SECRETARY FCIS

268 Ikorodu Road, Lagos

Dated this 21st june day 2022

FRC/2013/ICSAN/00000002161

5

Disclaimer

Fidson Healthcare plc published this content on July 08, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on July 08, 2022 09:33:05 UTC.

Public now 2022

All news about FIDSON HEALTHCARE PLC

Sales

Net revenue

Net debt

P/E ratio
Yield
Capitalization 25,662 million
61.8 million
EV / Sales -1
EV / Sales 0
# of employees 478
Floating 71.2%

Chart FIDSON HEALTHCARE PLC


Duration :

Period :




Fidson Healthcare Plc Technical Analysis Chart |  MarketScreener



Evolution of the income statement