Investor Presentaiton
ANNUAL REPORT 2020
Notice of Annual General Meeting
NOTICE IS HEREBY GIVEN that the 48th Annual
General Meeting of FrieslandCampina WAMCO Nigeria
PLC will hold at Sheraton Lagos Hotels, 30 Mobolaji Bank
Anthony Way, Ikeja, Lagos, Nigeria at 11:00am on Thursday,
the 6th day of May, 2021 to transact the following business:
ORDINARY BUSINESS
1.
2.
3.
To lay before the meeting the Audited Accounts for
the financial year ended 31 December 2020, the Report
of the Directors, External Auditors and the Audit
Committee thereon.
To declare a final dividend.
To elect/re-elect Directors including Mr. Moyo Ajekigbe,
who has attained the age of 70 years old, special notice
to that effect having been received by the Company in
accordance with section 278 of the Companies and Allied
Matters Act, Cap. C20, Laws of the Federal Republic of
Nigeria, 2020 (CAMA 2020).
4. To authorize the Directors to fix the remuneration of the
Auditors.
5. Disclosure of the remuneration of Managers of the
Company.
6. To elect members of the Audit Committee.
SPECIAL BUSINESS
7. To fix the remuneration of the Directors.
NOTES
a. Proxies
Due to the Covid-19 pandemic and in compliance with
the Coronavirus Disease (Covid-19) Health Protection
Regulations 2021 issued by the Federal Government of
Nigeria, limiting the maximum number of persons at a
gathering, attendance at this Annual General Meeting
(AGM) shall be by Proxy only. The Company has obtained
the approval of Corporate Affairs Commission to hold
the AGM using Proxies in line with the "Guidelines on
Holding of Annual General Meetings (AGM) of Public
Companies Using Proxies."
Shareholders are required to appoint a proxy of their
choice from the list of proxies contained in the blank
Proxy Form included in the 2020 Annual Report and
Accounts. To be valid for the AGM a duly completed
Proxy Form must be received in the office of the
Registrars, First Registrars and Investor Services
Limited, No. 2, Abebe Village Road, Iganmu, Lagos
State or sent by e-mail to info@first registrarsnigeria.
com or [email protected], not later
than Tuesday, the 4th of May, 2021.
The Company has made arrangements for Stamp Duty
to be paid on the proxy forms, at the Company's cost.
b. Live Streaming of the AGM
The AGM will be streamed live online. This will enable
Shareholders and other relevant Stakeholders who will
not be attending the meeting physically to be part of
the proceedings. The link for the live streaming will
be made available on the Company's website: www.
frieslandcampina.com.ng and by the Registrar in due
course.
c. Closure of Register
Notice is hereby given that the Register of Members
and Transfer Books of the Company will be closed from
Friday 23rd April 2021 to Thursday 29th April 2021, both
dates inclusive, to enable the Registrars to prepare for
the payment of dividend.
d. Dividend
If the dividend recommended by the Directors is
approved, it will be paid electronically on Friday 7th May
2021 to shareholders whose names are registered in the
Company's Register of Members at the close of business
on Thursday 22 April 2021 and who have completed the
e-dividend registration and mandated the Registrar to
pay their dividends directly into their bank accounts
in compliance with the directives of Securities and
Exchange Commission.
e. Nominations for the Statutory Audit
Committee
In accordance with Section 404(6) of the Companies
and Allied Matters Act 2020 any shareholder may
nominate another shareholder for appointment to the
Audit Committee. Such nomination should be in writing
and should reach the Company Secretary at least 21
days before the Annual General Meeting.
f. Unclaimed Dividend
Several Dividend warrants remain unclaimed or are
yet to be presented for payment or returned to the
Company for revalidation by some members. A list
of such members will be circulated with the Annual
Report and Financial Statements. Members affected
are advised to complete the e-dividend registration or
write to the Company's Registrars, at First Registrars
& Investor Services Limited, Plot 2, Abebe Village Road,
Iganmu Lagos.
g. E dividend
Shareholders are hereby reminded to open bank
accounts, stock broking accounts and CSCS accounts
for the payment of dividend. A detachable application
form for e-dividend is attached to the Company's Annual
Report to enable all Shareholders furnish particulars
of their accounts to the Registrars (First Registrars
& Investors Services Limited) as soon as possible.
We request our shareholders to use the e-dividend
payment portal that will serve as an online verification
and communication medium for E-dividend mandate
processing through the new E-Dividend Mandate
Management System jointly introduced by the Central
Bank of Nigeria, Securities and Exchange Commission,
Nigeria Inter-Bank Settlement Systems PLC and the
Institute of Capital Market Registrars.
h. Rights of Shareholders to ask Questions
Shareholders have the right to ask questions not only at
the meeting, but also in writing prior to the meeting, and
such questions should be addressed to the Company
Secretary and submitted to the registered office of the
Company or via the email address: investor.relations@
frieslandcampina.com at least a week before the
meeting.
i. Electronic Version of the Annual Report
and Accounts
Electronic version (e-copy) of the 2020 Annual
Report and Account is available online for viewing
and downloading on the Company's website: www.
frieslandcampina.com.ng and Registrars website: www.
firstregistrarsnigeria.com. Shareholders who have
updated their records with their email address will also
receive the e-copy of the document.
BY ORDER OF THE BOARD
Olubukunola Olateru FCIS (Mrs.)
FRC/2018/ICSAN/00000017968
Company Secretary/Legal Adviser
Lagos, Nigeria
Dated this 5th day of April 2021
10
FrieslandCampina WAMCO Nigeria PLC
FrieslandCampina WAMCO Nigeria PLC
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