The NSE will have its 68th Annual General Meeting(AGM) by electronic communication on 3rd June 2022.
The AGM will, among other businesses, approve a second special dividend of KSh 0.50 cents per share.
The Nairobi bourse will thus pay a total special dividend of KSh1.00 per share (inclusive of the KSh 0.50 cents paid in December 2021) and a final dividend of KSh 0.40 per ordinary share in respect of the Financial Year ended 31st December 2021 to members on the register by 3rd June 2022.
Kiprono Kittony, an Independent Non-Executive Director, retires by rotation and, being eligible, offers himself for reelection;
Paul Vollant (a Non-Executive Director) retires by rotation and, although eligible, does not offer himself for reelection; Ms Isis Nyon’go- Madison (an Independent Non-Executive Director) retires by rotation and, being eligible, offers herself for reelection.
Ms Risper Alaro-Mukoto (subject to re-election); Ms Isis Nyong’o Madison, Michael Turner, and Paul Mwai will seek to be re-elected members of the Board Audit, Risk and Compliance Committee.
The AGM will also reappoint Deloitte & Touche as the Auditors of the Company.
NSE shareholders to approve creation on a subsidiary
In special business, the AGM will seek to resolve and obtain regulatory approvals to create a wholly-owned subsidiary of the NSE Group Plc to carry on the exchange business.
Nairobi Securities Exchange Plc has convened and will conduct a Virtual Annual General Meeting AGM.
Registration for the AGM opens on Monday, 16th May 2022, at 8.00 a.m. (EAT) and will close on Wednesday, 1st June 2022.
The AGM will also re-elect Board Audit, Risk and Compliance Committee members Ms Risper Alaro-Mukoto (subject to re-election); Ms Isis Nyong’o Madison; Michael Turner; and Paul Mwai.
In special business, the AGM will seek to resolve and obtain regulatory approvals to create a wholly-owned subsidiary of the NSE Group Plc to carry on the exchange business.
Nairobi Securities Exchange Plc has convened and will conduct a Virtual Annual General Meeting AGM.
Registration for the AGM opens on Monday, 16th May 2022, at 8.00 a.m. (EAT) and will close on Wednesday, 1st June 2022, at 5.00 p.m.
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