Learn Africa Plc has announced a final dividend of 15 kobo per ordinary share of 50 kobo each for the 15 months financial period that ended March 31, 2019.
The dividend will be paid to shareholders whose names appear in the Register of Members as at the close of business on the 20th of September 2019.
While the Register of Shareholders will be closed from Monday, 23rd of September 2019, to Friday, 27th of September 2019 (both days inclusive), qualification date has been scheduled for Friday, 20th of September 2019.
E-Dividend Registration: The company advised its shareholders who are yet to complete the e-dividend registration to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on the company’s website.
Unclaimed Dividend: Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are also advised to complete the e-dividend registration or contact the Registrar.
In the meantime, the company’s Annual General Meeting (AGM) will be held at 52, Oba Akran Avenue, Ikeja, Lagos, on Thursday, 17th of October 2019 by 11.00a.m.
About the Company: Learn Africa Plc is a learning resource business with a history spanning over 50 years. The company was established in 1961 as Longman Nigeria – a book publishing firm wholly owned by Longman Group UK Limited, now Pearson Education.
In 2008, the company became a subsidiary of Pearson Plc following the latter’s increase in its shareholding from 29 to 51 percent. In 2011, however, Pearson and Longman Nigeria mutually agreed to become separate corporate entities in Nigeria.
The main business of Learn Africa Plc is the publication and marketing of textbooks for the entire gamut of the educational system – nursery, primary, secondary and tertiary.
The company is currently trading at N1.34 on the floor of the Nigerian Stock Exchange (NSE).