CAPHOTEL To Hold 39th AGM on May 27, 2020; Lists Proxies

Proshare

Wednesday, May 13, 2020 / 5:55 PM / NSE / Header Image Credit: Capital Hotels Plc


Notice is hereby given that the 39th Annual General Meeting of Capital Hotels Plc. will be held at 12.00 noon on Wednesday, 27 May, 2020 at Sheraton Abuja Hotel, Abuja for the following purposes:


Ordinary Business:

1.     To receive and consider the Audited Financial Statements for the year ended 31 December, 2019 and the report of the Directors, Auditors and Audit Committee thereon;

2.      To declare a dividend

3.      To re-elect Directors;

4.      To elect members of the Audit Committee;

5.      To authorize the Directors to fix the remuneration of the Auditors.


Notes

In line with the guidelines of the Corporate Affairs Commission (CAC) on the conduct of Annual General Meeting of Public Companies by Proxies, and the need to comply with the directives and regulations of the Federal Government of Nigeria and the NCDC on safety and health measures against COVID-19 pandemic, the gathering of more than 25 people has been prohibited. Accordingly, the number of people to attend the AGM will be as approved by the Federal Government for social/public gatherings as at the day of the meeting.


1. Proxies:

A member entitled to attend and vote at this meeting is entitled to appoint a proxy or proxies to attend and vote instead of him. A proxy need not be a member of the Company. The Proxy Form must be stamped by the Commissioner for Stamp Duties. Valid Proxy Forms must be lodged with the Registrars not later than 48 hours before the time fixed for the meeting.


Attendance by Proxy

In line with CAC's Guidelines, attendance at the AGM will be by proxy only. Shareholders are required to appoint a proxy of their choice from the list of nominated proxies below:

1.       Mr. Ufuoma Ibru

2.      Mr. Chuma Anosike

3.      Mr. Toke Alex-Ibru

4.      Mr. Abubakar Sani Pui

 

Stamping of Proxy Forms

The Company has made arrangements for the stamping of duly completed and signed Proxy Forms at its cost to be submitted the Company's Registrars within the stipulated time.


2. Proposed Dividend:

A final dividend of 5k per share, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday 17 April 2020.


Dividend Payment Date

On the 03 June 2020, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday 17 April, 2020, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank Accounts.


e-Dividend Registration

Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar's E-Dividend Mandate Activation Form, which is also available on Cardinalstone-e-dividend-Mandate-Form.html, complete and submit to the Registrar or their respective banks.


Unclaimed Dividend Warrants and Share Certificates

Shareholders with dividend warrants and share certificates that have remained unclaimed, or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.


3. Audit Committee:

In accordance with Section 359(5) of the Companies and Allied Matters Act (CAMA) Cap C20 LFN 2004, any member may nominate a shareholder as a member of the Audit Committee by giving notice in writing of such nomination to the Secretary of the Company at least 21 days before the date of the Annual General Meeting.


4. Closure of Register:

The Register of Shareholders will be closed from Monday 20 April 2020 to Friday 24 April, 2020, both days inclusive.


5. Rights of Securities' Holders to ask Questions:

Securities Holders have a right to ask questions not only at the meeting but also in writing prior to the meeting, and such questions must be submitted to the Company on or before 23rd day of May, 2020.


6. Website

A copy of this Notice and other information relating to the meeting can be found on the Company's website at www.capitalhotelsng.org

 

Visit Capital Hotels Plc IR Page in Proshare MARKETS 

Graph - One Year Share Price Movement

Proshare Nigeria Pvt. Ltd.

 

Table: Q1 2020 Unaudited Results

Proshare Nigeria Pvt. Ltd.

 

Related News

  1. CAPHOTEL declares N125m PAT in Q1 2020 Results SP N2.75k ...
  2. CAPHOTEL declares N402m PAT in 2019 Audited Results Proposes N0.05K Final Divi...
  3. CAPHOTEL Notifies of Board Meeting And Closed Period
  4. CAPHOTEL declares N 59.38m profit in Q2 2019 Results,(SP:N3.05k)
  5. CAPHOTEL Declares N62.26mln PAT in Q1 2019 Results,(SP:N3.05k)
  6. CAPHOTEL declares N379.9m PAT in 2018 Audited Result,(SP:N3.10k)
  7. CAPHOTEL declares N 379.205m PAT in Q3 2018 Results,(SP:N3.10k)
  8. CAPHOTEL Declares N115.86m PAT in Q1 2018 Results,(SP:N3.15k)
  9. CAPHOTEL Declares N935.9m PAT in 2017 Audited Results,(SP:N3.15k)
  10. CAPHOTEL declares N489.93 million PAT in Q3 2017 Result,(SP:N3.15k)
READ MORE:
Related News
SCROLL TO TOP