Stanbic Holdings Plc has notified its shareholders that the 67th Annual General Meeting (AGM) will be held virtually.
This meeting will be held on Thursday, 19th May 2022, at 11:00 a.m.
The AGM will among others approve the recommendation by the Board for a final dividend of KSh 7.30 per ordinary share.
The total dividend per share will be KSh 9.00 for the year ended 31st December 2021.
The published book closure date is 20th May 2022, and if the Company’s shareholders approve the final dividend, the payment of a final dividend will be made on or about 3rd June 2022.
Ms Ruth Theddesia Ngobi retires by rotation and though eligible, does not offer herself for re-election as a director.
Also seeking re-election as directors are Kitili Mbathi and Ms Rose Bosibori Osoro.
Ms Wambui Kihuha Mbesa, a director appointed to the Board to fill a casual vacancy, retires at the dissolution of the meeting and, having been recommended by the Board, offers herself for election as a director.
The same applies to Joseph Loyld Omondi Muganda, a director appointed to the Board to fill a casual vacancy and now offers himself for election.
The annual meeting is also scheduled to approve the Directors’ remuneration report to appoint KPMG as the company’s auditors.
Shareholders will also appoint the Board Audit Committee members, including Ms Dorcas Florence Kombo, Ms Rose Bosibori Osoro and Joseph Loyld Omondi Muganda.
Registration for the AGM opens on Monday 25th April 2022 at 9:00 a.m. and will close on Tuesday, 17th May 2022 at 4.00 p.m.