By Dipo Olowookere
The board of Oando Plc has said on Wednesday, August 10, 2022, the energy firm will hold its 43rd Annual General Meeting (AGM) in Lagos.
In a notice to the Nigerian Exchange (NGX) Limited, the company said shareholders and others will converge on the Wings Office Complex located on Victoria Island.
At the gathering, which is to give reports on the 2019 financial statements of the organisation, investors will deliberate on how the audited financial results of Oando for the 2020 and 2021 fiscal years should be jointly presented at the 44th AGM to be announced later.
According to the disclosure, next month’s meeting will give the shareholders the opportunity to “appoint Ernst & Young as auditors to carry out the audit of the company for the financial year ended 2021 as directed by the Corporate Affairs Commission and to authorise the directors of the company to fix their remuneration.”
Also, the firm will expect the election of “Mrs Nana Fatima Mede and Mrs Ronke Sokefun to the board of directors of the company with effect from December 23, 2021, as directors whose term expires in accordance with Article 88 of the Articles of Association of the company but being eligible, offer themselves for election.”
The notice disclosed that the meeting would be “streamed live via the company’s website to enable shareholders who will not be attending the meeting physically to be part of the proceedings.”
