UBN Notifies of Resolution Passed At Its 51st AGM

Proshare

Wednesday, May 13, 2020 / 6:02 PM / NSE / Header Image Credit: @UNIONBANK_NG


At the 51st Annual General Meeting of Union Bank of Nigeria Plc ("the Bank") held on Tuesday, 5th day of May 2020, in The Auditorium, Stallion Plaza, 36 Marina (9th floor), Lagos, the following resolutions were duly passed:

1.       That the Audited Group Financial Statements for the Financial Year ended 31st December 2019 be received and adopted.

2.          That a dividend of twenty-five (25) kobo per every N0.50kobo be declared for the Financial Year ended 31st December 2019.

3.           i) That the appointment of Mrs. Omolola Cardoso as Director be and is hereby approved.

ii) That the appointment of Mr. Kenroy Dowers as Director be and is hereby approved.

iii) That the appointment of Mr. Joe Mbulu as Director be and is hereby approved.

4.           i) That Mrs. Obafunke Alade-Adeyefa be and is hereby re-elected as a Director of the Bank

ii) That Mr. Ian Clyne be and is hereby re-elected as a Director of the Bank.

iii) That Mrs. Furera Isma Jumare be and is hereby re-elected as a Director of the Bank.

iv) That Mr. Adekunle Sonola be and is hereby re-elected as a Director of the Bank.

5.                  That Messrs. Ernst & Young be and are hereby appointed as Auditors.

6.      That the Directors be and are hereby authorized to fix the Auditor's Remuneration for the year ending 31st December 2020.

7.          That the following persons be and are hereby appointed as members of the Bank's Statutory Audit Committee:

i) Mr. Matthew Akinlade, FCA

ii) Dr. Marcel Ojinka

iii) Mr. Adeolu Akinsanya

iv) Mrs. Obafunke Alade-Adeyefa

v) Mrs. Furera Isma Jumare

 

Visit Union Bank of Nigeria 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.         UBN Declares N6bn PAT in Q1 2020 Results SP N6.75K ...

2.        UBN Declares Untrue Media Report on Investors Petition to the AGF...

3.        UBN Notifies Of Board Changes

4.        ZENITHBANK and UBN Both Refute Media Reports Suggesting a Proposed Acquisition

5.        UBN Declares N19.9bn PAT in 2019 Audited Results Proposes N0.25k Final Div. (SP:N6.85K)

6.        UBN Notifies of Board Meeting To Approve 2019 Audited Accounts and Commencement of Closed Period

7.        UBN Announces Planned Divestment of its UK Subsidiary

8.       UBN Notifies of Issuance of Up to N20 Billion in Series 3 and 4 Commercial Paper

9.        UBN Declares N15.19bn PAT in Q3 2019 Results,(SP:N7.05K)

10.    UBN Holds Board Meeting For Approval Of Q3 2019 Unaudited Accounts And Commencement Of Closed Period

READ MORE:
Related News
SCROLL TO TOP