Stanbic IBTC on Monday notified the Nigerian Stock Exchange and the investing public of its 8th Annual General Meeting scheduled to hold at I.B.T.C. Place, Walter Carrington Crescent, Victoria Island, Lagos on Wednesday, 17 June 2020.
Attendance of the AGM is by proxy. This is in line with implementing the safety measures against the spread of COVID-19, recommended by Federal and State Governments; health authorities; and various Regulatory Agencies.
In statement signed by the Company Secretary, Chidi Okezie, the Group stated thus:
“As a responsible Corporate Citizen, Stanbic IBTC Holdings PLC, is aware of the unique challenges posed by the COVID-19 Pandemic and mindful of the need for all to take action to check the spread of the virus. To this end, the Group had earlier activated its internal COVID-19 Business Continuity Management Plan, in addition to implementing the safety measures recommended by Federal and State Governments; health authorities; and various Regulatory Agencies.
Accordingly and in order to ensure the safe conduct of the Company’s 8th Annual General Meeting in accordance with the guidelines issued by the Corporate Affairs Commission as well as the Nigeria Centre For Disease Control, Shareholders are hereby informed that attendance at this AGM, shall only be by proxy and shall be limited to a maximum of twenty (20) people (the maximum crowd size currently permitted by Lagos State Government, the host city for the meeting).
As regards dividend payment, accounts of shareholders with the appropriate e-dividend mandate, will be credited on Thursday 18 June 2020 to shareholders whose names appear on the register of shareholders at the close of business on Wednesday 18 March 2020.