Fidelity Bank Plc announces 33rd Annual General Meeting.

Fidelity Bank Plc has announced that it will be hosting its 33rd Annual General Meeting on the 30th of April, 2021.

According to a notice sent to the Nigerian Stock Exchange platform, the meeting will hold at the Africa-Asia Meeting Room at Eko Hotels & Suites, Lagos at 10:00 am. The following will be discussed;

  • The audited financial statements of the company for the year ended 31st December 2020.
  • The proposed final dividend for the aforementioned period will be formally declared and subsequently paid.
  • Appointment into the company’s Board will be duly scrutinized and ratified.
  • The remuneration of board members in FY 2021 will be discussed and ratified. A proposal to pay Non-Executive Directors N20 million each and the Chairman of the Board N27.5 million was muted.
  • The remuneration of the company’s managers and auditors will also be considered and discussed.

What you should know:

  • Fidelity Bank Plc had earlier reported a profit after tax of N26.7 billion for the year ended 31st of December, 2020. Sequel to this, it declared a dividend of 92 kobo per share.
  • In line with CAC guidelines, attendance of the AGM will be by proxy only.

For more information about the AGM, click HERE.

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