University Press Plc: Notice of Annual General Meeting

The Board of University Press Plc has announced that it will be hosting its 43rd Annual General Meeting (AGM) in Lagos on the 23rd of September, 2021.

According to a notice signed by the company’s secretary, Mrs. O.A. Binitie Aboyade-Cole and sent to the Nigerian Exchange Group Limited (NGX), the meeting will hold at Three Crowns Building in Ibadan on the aforementioned date and by 11:00am prompt.

In light of this, the following issues will be discussed;

  • The audited financial statement for the year ended March 31, 2021, and the report of its Directors, auditor, and the audit committee.
  • To consider and approve the dividend recommended by the Board
  • 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.

For more details about the AGM, click HERE.


2020 FY Results: University Press Plc profit after tax slumps by 55% to N57.1 million.

University Press Plc released its audited full-year results for the year ended 31st of March, 2021.

  • Revenue for the year was N1.42 billion. (-31.3% YoY)
  • Cost of sales was N581.16 million. (-31.2% YoY)
  • Administrative expenses totalled N456.7 million. (-25.3% YoY)
  • Profit for the year was N57.11 million. (-55.1% YoY)
  • Earnings per share of 13 kobo Vs 29 kobo YoY.

See link to results.