Business Money News

Access Bank Plc To Hold AGM After Merger With Diamond Bank

Access Bank Plc To Hold AGM After Merger With Diamond Bank

Access Bank Plc, one of the leading commercial banks in Nigeria, has notified the Nigerian Stock Exchange (NSE), and its shareholders of its Annual General Meeting (AGM), which is set to take place on the 25th of April, 2019.

This is following its recent merger with Diamond Bank – This announcement is coming after the bank’s recent merger with Diamond bank Plc.

READ ALSO: Na Their Papa Get Stroke – Mr Ibu Blasts Rumour Mongers

Venue of the meeting – The meeting will be held at the Balmoral Convention Centre, Federal Palace Hotel, 6-8 Ahmadu Bello Way, Victoria Island, in Lagos state. The time is 10.00 am. Note that this will be the company’s 30th Annual General Meeting.

Details of the Annual General Meeting

The AGM is a yearly gathering of the company’s interested shareholders. At the AGM, the directors will present the company’s audited FY 2018 financial results, as well as declare a final dividend for the year ended December 31st, 2018.

Shareholders will vote on current issues – Shareholders with voting rights will vote on current issues such such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors.

They also have the right to ask questions regarding the bank’s annual reports and accounts, if they need clarification on them.

A proxy is selected to represent a shareholder – In cases where a shareholder will be absent, they can appoint a proxy to attend and vote on their stead, and the proxy need not be a member.

About Access Bank Plc

Listed on the Nigerian Stock Exchange since 1998, Access bank is licensed by the Central bank of Nigeria (CBN), the national banking regulator.

Originally a corporate bank, the organization acquired personal and business banking platforms from Nigeria’s International Commercial bank in 2012. Access Bank is presently one of the five largest banks in Nigeria in terms of assets, loans, deposits and branch network.

READ ALSO: Awara Spits Fire, Says Wike Connived With INEC To Win Rivers Election

It recently unveiled a new logo – In conclusion of its merger with Diamond Bank, Access Bank Plc, unveiled its new logo, signalling the commencement of a new enlarged banking entity.

The company’s share price is currently trading at N5.55 on the Nigerian Stock Exchange.


Connect With US


%d bloggers like this: