Tantalizers Plc set to hold 23rd Annual General Meeting (AGM) on September 27.

Tantalizers Plc has announced that it will be hosting its 23rd Annual General Meeting on the 27th of September, 2021. The meeting will be held at the firm’s training hall located in its head office at Lagos, by 10:00 am prompt,

This is according to a statement issued by the company and signed by its secretary, Bamidele A. Dambo.

According to the notice, some of the issues to be discussed include;

  • The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.
  • Board appointments will also be considered and ratified.
  • To fix remuneration of managers and Directors in FY 2021.
  • To elect shareholders’ representatives of the statutory audit committee, among others.

In view of the directives on physical distancing and the restriction on maximum number of people at every gathering due to the COVID-19 pandemic, the meeting will hold by proxy in accordance with section 254 of the Companies and Allied Matters Act 2020 and as approved by the Corporate Affairs Commission.

Additionally, the AGM will be streamed live online, to enable shareholders and other relevant stakeholders who will not be attending the meeting physically to also be part of the proceedings. The link for the live streaming will be made available on the company’s website: www.tantalizersnig.com

What you should know:

  • Tantalizers Plc had earlier reported a loss after tax of N97.75 million in Q1 2021.
  • As at the period of reporting this, Tantalizers Plc is currently trading at 20 kobo on the floor of the Nigerian Exchange Limited (NGX).

For more information about the AGM, click HERE.



Tantalizer Plc reports a loss of N57.6 million in HY 2021.

Tantalizer Plc released its unaudited financial results for the period ended 30th June, 2021.

  • Revenue for the period was N615.8 million. (+41.9% YoY)
  • Cost of sales was N385.4 million. (+65.3% YoY)
  • Administrative expenses totalled N462.12 million. (+14.5% YoY)
  • Loss for the period was N57.6 million.
  • Loss per share of 2 kobo Vs 4 kobo YoY.
  • Total assets for the period stood at N2.59 billion.

See link to results.

Tantalizers Plc reports a loss after tax of N422.05 million in FY 2020. 

Tantalizer Plc has announced its full-year results for the year ended 31st December 2020.

  • Revenue for the year was N924.13 million. (-27% YoY)
  • Cost of sales was N529.98 million. (-27.4% YoY)
  • Administrative expenses totaled N917.52 million. (-2.5% YoY)
  • An operating loss of N341.6 million was incurred.
  • Loss after tax of N422.05 million.
  • Loss per share of 13 kobo.

See link to results.