Tuesday, February 16, 2021 / 9:04PM / NSE / Header Image Credit: YouTube; PZ Cussons
The following resolutions were tabled and approved by shareholders at
the 72nd Annual General Meeting of PZ Cussons
Nigeria Plc which held on Friday, 29 January 2021:
Report of the Directors, Financial Statements for the year ended 31 May 2020, the Report of the Auditors and the
Audit Committee thereon.
dividend at the rate of 10k per share amounting to Three Hundred and Ninety
Seven Million, Forty Seven Thousand, Seven
Hundred and Four Naira, Fifty Kobo only (N397,047,704.50) for the year ended
31 May 2020 was declared out of the profits for the year ended 31st May 2020 and
and election of Directors: Mrs. Elizabeth Ebi and Mr. Georgios Sotiropoulos who retired by rotation
were re-elected. The appointments of Mr. Gbenga Oyebode, Mr. Panagiotis Katsis and
Mr. Zuber Momoniat who were appointed after the last AGM were approved by
authorise the Directors to fix the remuneration of the Auditors.
of members of the Audit Committee: The members of the Audit Committee for the financial year 2020/2021 are
Mrs. Ebi, Mr. Usoro, SAN and Mr. Sotiropoulos.
Akinduro, Chief Obarinde and Honourable Nwabughogu were returned unopposed as Shareholders' representatives for the Audit Committee.
Directors' remuneration for the financial year 2020/2021 was proposed and approved.
also approved the mandate to enter into transactions with related parties for the Company's day-to-day
Retirement - Alhaji Lawal Tukur Batagarawa
Mallam Dahiru Muhammad, retired as Independent Non-Executive Director of
the Company on 31 January 2021.
Cussons Nigeria Plc IR Page in Proshare MARKETS
Graph - One Year Share Price Movement
2020 Unaudited Results
1. PZ to
Hold its 72nd AGM on January 29 2021 Attendance by Proxy...
PZ Declares N821m PAT
in Q2 2021 Results SP N4.90k ...
Appoints Mr. Gbenga Oyebode as Board Chairman Alhaji Lawal Batagarawa Retire...
4. PZ Notifies of Board
Meeting Date and Commencement of Closed Period...
5. PZ Announces the
Retirement of Chief Kola Jamodu as Board Chairman...
6. PZ Notifies of
Postponement of 72nd Annual General Meeting...
7. PZ Cussons Nigeria Q4
2020 and Q1 2021 Results Review Upgrading to Neutral...
Releases 2020 Audited and Q1 2021 Results, Declares N212m Loss in
9. PZ To Hold
Extraordinary General Meeting on July 28 2020 Attendance By Proxy...
Cussons Nigeria Is Maintaining Underperform Rating in Q3 2020...
declares N3.5bn Loss in Q3 2020 Result,(SP:N4.25k)