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Home Markets Equities Company Results

LivingTrust Mortgage Bank Plc set to hold Annual General Meeting on 10th of June.

Chidi Emenike by Chidi Emenike
May 24, 2021
in Company Results, Markets
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The Board of LivingTrust Mortgage Bank Plc has announced that it will host its 7th Annual General Meeting on the 10th of June, 2021.

This is according to a notification signed by the company’s secretary, Olabisi Fayombo and seen by Nairametrics. Sequel to this, the following issues will be discussed;

  • The audited financial statement for the year ended December 31, 2020, and the report of its Directors, auditor, and the audit committee.
  • The firm’s proposed dividend will be considered and officially declared.
  • 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.

What you should know:

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  • LivingTrust Mortgage Bank had recently posted a profit after tax of N100.6 mllion in Q1 2021, indicating a surge of about 260%.
  • If ratified, FY 2020 dividend will be paid to qualified shareholders on the 14th of June, 2021.
  • In line with CAC guidelines, attendance at the AGM will be by proxy. Sequel to this, a list comprising of five (5) representatives authorized to represent shareholders, have been made available.

For more information about the AGM, click HERE

Tags: LivingTrust Mortgage Bank Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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