Finance

Complete Nigeria Plc to pay N2.06 billion dividend to shareholders.

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Board of Complete Nigeria Plc has authorized a complete dividend of N2.06 billion representing N6.08 per share for the 2020 monetary 12 months on the forty third Annual Basic Assembly of the corporate, held at The Civic Centre, Lagos on seventeenth of June, 2021.

That is in accordance with an official disclosure signed by the corporate’s secretary, Bunmi Popoola-Mordi and despatched to the Nigerian Trade Group Restricted (NGX).

In response to the discover: ‘’ It was resolved {that a} dividend of N6.08 (Six Naira, Eight Kobo) per share as beneficial by the administrators be and is hereby payable on Friday 18th June, 2021 to all holders of unusual shares whose names seem within the Register of Members at shut of enterprise on the sixteenth of April, 2021 topic to deduction of withholding tax on the price relevant on the date of fee.’’

Sequel to this, the authorized dividend price of N6.08 per share shall be paid on all of the issued 339,521,837 unusual shares of the corporate.

Different key agreements reached on the AGM;

Three Administrators had been re-elected into the Board, specifically: Mr. Stanislas Mittelman, Mrs. Lesley Baxter-Inexperienced and Mr Alexander Adotevi.
Administrators and Auditors remuneration for the 2021 monetary 12 months had been mounted.
5 individuals had been elected as members of the statutory audit committee for the 2021 monetary 12 months.
you must know:

Complete Nigeria Plc had earlier reported a revenue after tax of N2.24 billion in FY 2020, indicating a dip of 1.55% when in comparison with the sum of N2.28 billion recorded in corresponding interval of 2019.

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