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Guinness proposes N6.80K special dividend to investors

Category: Corporate Earnings


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Guinness proposes N6.80K special dividend to investors

- Holds EGM tomorrow

 

PETER OBIORA

Proshare NI

July 09, 2008 at 08:45 GMT

 

Guinness Nigeria Plc (Guinness) has proposed a N6.80 Kobo special dividend payout to investors in its current Final Year End (FYE), as the company holds its Extraordinary General Meeting (EGM). This was contained in a document made available to Proshare NI in Lagos Nigeria.

 

The N6.80 Kobo per 50 Kobo Ordinary Shares amounts to a total of N10, 029 billion.

 

If the N6.80 Kobo dividend is approved at company’s EGM to be held in Lagos Nigeria on July 10 2008, the dividend warrants would be posted out on July 11, 2008 to members of the company whose manes appear on the Register of members as at the close of business on June 20, 2008.

 

Other businesses to be discussed include the increase of authorise share capital of Guinness from N1.0 billion to N1.250 billion by the creation of additional 500 million Ordinary Shares of 50 Kobo each.

 



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