ABSA Bank Kenya Plc has informed its shareholders that the lender’s 43rd Annual General Meeting(AGM)will be held electronically on Thursday, May 26th 2022, at 10.00 am.
The shareholders meeting, among others, receive, consider, and, if thought fit, adopts the audited annual financial statements for 2021 together with the Directors’ reports, the Board Chairman, the Managing Director, and the External Auditor.
Directors of Absa Bank Kenya will declare a dividend of KSh 1.10 for each ordinary share to be paid on or about May 26th, 2022, to shareholders on the Register of Members as at the close of business on April 25th, 2022.
They are Ms Patricia Ithau and Ms Laila Macharia retire by rotation and will be seeking re-election.
Ms Christine Mideva Sabwa, a Director, appointed to fill a casual vacancy, is due for retirement and offers herself for re-election.
The AGM will also seek to re-elect members of the Board Audit & Risk Committee.
They are Ms Laila Macharia (Chair), Louis Onyango Otieno, Ms Patricia Ithau, Fulvio Tonelli, and Christine Mideva Sabwa Shareholders will also consider a resolution that KPMG Kenya is appointed as the new auditors to replace Ernst & Young LLP (whose term expires at the end of this meeting), with effect from the end of this meeting until the end of the next Annual General Meeting.
All shareholders of Absa Bank Kenya are informed that dividends and shares that have not been claimed for a period of three years or more will be surrendered to the Unclaimed Financial Assets Authority.