Tuesday, August 20, 2019 09:50AM / NSE
Notice is hereby given that the 15th Annual General Meeting of eTranzact International Plc will hold at Colonades Hotel, 21, Alfred Rewane Road, Ikoyi, Lagos on Thursday, September 26, 2019 at 12:00 noon to transact the following businesses:
1. To receive the Audited Financial Statements for the year ended December 31, 2018 together with the Reports of the Directors, Auditors and Audit Committee thereon;
2. To elect/re-elect Directors;
3. To authorize the Directors to fix the remuneration of the Auditors;
4. To elect Members of the Audit Committee.
5. To consider and if thought fit, pass the following resolution as an ordinary resolution:
Approval of related party transactions
That a General Mandate be and is hereby given to the Company to enter into recurrent transactions with related parties for the Companys day-to-day operations, including the procurement of goods and services, on normal commercial terms in compliance with the Rules of The Nigerian Stock Exchange Governing Transactions with Related Parties or Interested Persons.
A member entitled to attend and vote at the Annual General Meeting may appoint a proxy to attend and vote in his/her stead. A proxy need not be a member of the Company. A form of proxy is attached to the Annual Report. To be valid, a completed and duly executed proxy form must be deposited at the office of the Registrars, Meristem Registrars Limited, 213, Herbert Macaulay Way, Yaba, Lagos or the office of the Company Secretary, PAC Solicitors, 16, Kofo Abayomi Street, Victoria Island, Lagos, not later than 48 hours before the time fixed for the meeting.
2. Closure of register of members and transfer books
The Register of Members and Transfer Books of the Company will be closed from Monday, August 19 to Friday August 23, 2019 (both days inclusive) to enable the Registrars update the Register of Members.
3. Audit committee nominations
Pursuant to Section 359(5) of the Companies and Allied Matters Act 2004, any Shareholder may nominate a Shareholder for appointment to the Audit Committee. Such nomination should be in writing and should reach the Company Secretary at least twenty-one (21) days before the Annual General Meeting.
Please note that the Code of Corporate Governance for Public Companies issued by the Securities and Exchange Commission provides that members of the Audit Committee should be financially literate and able to read financial statements. We therefore request that all nominations to the Audit Committee should be accompanied with the Curriculum Vitae of the Nominees.
4. Unclaimed share certificates and dividend warrants
Shareholders are hereby informed that a sizeable quantity of Share Certificates and Dividend Warrants have been returned to the Registrars as unclaimed. Some Dividend Warrants have neither been presented to the Bank for payment nor to the Registrar for revalidation.
Affected members are by this notice advised to contact the Company Secretary, PAC Solicitors, 16, Kofo Abayomi Street, Victoria Island, or the Registrars, Meristem Registrars Limited or call at the Registrar's Office, 213, Herbert Macaulay Way, Yaba, Lagos, +234(1) 2809250-4.
5. Rights of securities holders to ask questions
Any member attending the meeting has the right to ask questions at the meeting and in writing prior to the meeting. Any questions to be asked prior to the meeting must reach the Company not later than 48 hours before the time fixed for the meeting.
A copy of this Notice and other information relating to the meeting can be accessed via the Companys website at www.etranzact.com
2. ETRANZACT to Hold its 14th Annual General Meeting on Thursday 30 August, 2018
3. ETRANZACT declares N3.136m PAT in 2018 Audited Result,(SP:N2.64k)