SKYESHELT To Hold Its 6th AGM On October 25, 2019

Proshare

Monday, September 30, 2019, 01:41PM /NSE

 

The 6th Annual General Meeting of Skye Shelter Fund will hold as follows:

Date: Friday, October 25, 2019

Venue: The Ivory Victoria Island 226A, Muri Okunola Street Victoria Island, Lagos

Time: 1:00 p.m.

The following businesses will be transacted at the meeting as ordinary business:

1.   To receive, consider and adopt the Audited Financial Statements for the year ended December 31, 2018 and the reports of the Fund Managers thereon.

2.    To declare a coupon of N7:00 per unit of Skye Shelter Fund.

3.    To consider and if thought fit authorize the Fund Manager to fix the remuneration of the Auditors for the ensuing year.

The following business will be transacted at the meeting as special business:

4.   To approve the Supplemental Trust Deed with the following amendments.


  1. Amendment of the Name of the Fund Manager under the Definition and Interpretation clause.

The name of the fund manager Skye Bank Plc shall now read;

The Fund Managers shall be known and called SFS Capital Nigeria Limited.

  1. Amendment of the Name of the Fund under the Definition and Interpretation clause

The new name of the Skye Shelter Fund shall now read;

The Fund Managers established that the fund be known and called SFS REAL ESTATE INVESTMENT TRUST (SFS REIT) FUND.

  1. Amendment of the Name of the Trustee of the Fund under the Definition and Interpretation clause

The new name of the trustees of the Fund PHB Capital & Trust Limited shall now read;

The Fund Managers established that the trustee of the Fund be known and called APEL CAPITAL AND TRUST LIMITED.


Notes

Proxies

1.    Only Unit holders are entitled to be represented at the Meeting. A Unit holder entitled to attend and vote may appoint a proxy to attend and vote in his stead. A Proxy need not be a Unit holder.

2.   All Proxy Forms should be assessed and stamped at the Stamp Duties Commission and should be deposited at the office of the Fund Manager, SFS Capital Nigeria Limited located at Plot 287, Ajose Adeogun Street, Victoria Island, Lagos or at the Office of the Registrar, Pace Registrars Limited, located at Akuro House, [8th Floor], 24 Campbell Street, Lagos not less than 48 hours before the time of the Meeting.


Coupon

If the Coupon of N7:00 per unit proposed by the Fund Manager is approved at the Meeting, coupon will be payable on Friday, October 25, 2019 to unit holders whose names appear in the Register of Unit Holders at the close of business on Friday, October 11, 2019. Unit holders who have completed the e-coupon Mandate forms will receive a direct credit of the coupon into their bank accounts


Closure of the Register

The Register of Unit holders and Transfer Books of Skye Shelter Fund will be closed on Monday October 14th, 2019 to Friday October 18th, 2019 for the purpose of ascertaining the Unit holders that qualify for the proposed Distribution for the period ended December 31, 2018.


E-Coupon Mandate

Unit holders are kindly requested to update their records and advise Pace Registrars Limited of their updated records and relevant bank accounts for payment of their coupons. Detachable forms in respect of mandate for e-coupon payment and unit holder’s data update are attached to the Annual Report for convenience. The forms can also be downloaded from the Fund’s website at www.skyeshelterfund.com or from Pace Registrars Limited’s website at www.paceregistrars.com.


Right of Unitholders to Ask Questions

Unit holders of the Fund have a right to ask questions not only at the Annual General Meeting but also in writing prior to the meeting, and such questions must be submitted to the Company Secretary TOLG Nominees at Plot 1963B, Buraimoh Kenku Street, Off Oyin Jolayemi Street, Victoria Island, Lagos.


Related News

1.       Skye Shelter Fund Plc Updates on its Properties

2.      SKYESHELT Declares N122.98m Net Income in Q3 2018 results(SP:N95.00k)

3.      SKYESHELT releases Q4'17 results with N8.00 Proposed final distribution per unit,(SP:N100.00k)

4.      SKYESHELT releases Q3'17 results with N7.20 Proposed final distribution per unit,(SP:N100.00k)

5.      SKYESHELT releases Q4'16 results with N7.00 Proposed final distribution per unit

6.      Skye Shelter Fund Closure Date Advice.

7.      SKYESHELT releases Q4'15 & Q1'16 results with N35.38 mln PAT in Q1,(SP:N100.00k)

8.     SKYESHELT releases Q4'14 & Q1'15 results with N5.80 Proposed final distribution per unit in Q4 '14,

9.      SKYESHELT Proposes Coupon of N5.25 per unit for the period Ended 31 Dec, 2014

10.  SKYESHELT declares N67million PAT in Q2 '14 result,(SP:N95.00k)

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