Results of AGM
(Incorporated in Nigeria and registered as
an external company in South Africa)
External Registration number: RC 6474
Company registration number: 2005/038824/10
Share Code on the JSE Limited: OAO
Share Code on the Nigerian Stock Exchange: OANDO
(“Oando” or the “Company”)
RESULTS OF THE 41st ANNUAL GENERAL MEETING
The following resolutions proposed in the notice to shareholders, were unanimously passed at the 41st Annual
General Meeting of the Company held at 10:00a.m Nigerian Time on Friday, 27th July 2018:
1. Election of Members of the Audit Committee
The following persons were elected as members of the Audit Committee for the 2018 Accounts:
- Ike Osakwe
- Mobolaji Osunsanya
- Tanimu Yakubu
- Edah Jackson
- Dr. Joseph Asaolu
- Olusegun David Oguntoye
2. Re-appointment of Auditors
The Company re- appointed Ernst and Young as its auditors.
3. Fixing of Auditors’ Remuneration
The Directors were authorized to fix the auditors’ remuneration.
4. Election of Directors
The following directors, whose term expired, were elected as a Director of the Company:
- Alhaji Bukar Goni Aji with effect from January 19, 2018
- Mr. Muntari Zubairu with effect from February 5, 2018
5. Re-election of Directors
The following directors who retired by rotation, were re-elected as Directors of the Company:
- Chief Sena Anthony;
- Mr. Ike Osakwe;
- Mr. Ademola Akinrele SAN
6. Approval of the remuneration of non-executive directors
The remuneration of the non-executive directors of the Company were fixed at N5,000,000 per annum for the
Chairman and N4,000,000 each per annum for all other non-executive directors with effect from 1 January 2018;
which fees are payable quarterly in arrears.
27 July 2018
Sasfin Capital (a member of the Sasfin group)
Date: 27/07/2018 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.