Umeme Limited will hold a hybrid Annual General Meeting(AGM) on Thursday, 19th May 2022, at 10.00 am at Kampala Serena Hotel.
This meeting will comprise partly physical and partly virtual using electronic means. Umeme is Uganda’s main electricity distributor and also listed at the Nairobi Securities Exchange(NSE)
The meeting will ratify the re-election of Antony Marsh, Riccardo Ridolfi and Stephen Emasu, who are eligible to be re-elected as Directors after retirement by rotation.
The AGM will also receive and adopt the Directors’ recommendation on the declaration of a final dividend, ratify the re-appointment of Ernst &Young Uganda as the Company’s external auditors, and set their fees.
Registration for the Umeme AGM will start on Monday 25th April 2022 at 8.00 am and will close on Wednesday 18th May 2022.
The shareholders’ meeting will be streamed live through a link that will be provided a day before the AGM.
Subject to the approval of shareholders, Directors recommend to members that a final dividend of USh 54.1 per ordinary share be paid for the year ended 31st December 2021.
The approved dividend will be paid on or about 22nd July 2022 to those appearing on the share register on 24th June 2022.
Umeme Limited Shareholders will be allowed to attend, speak and vote at the AGM or may pick proxies to represent them.
All proxy forms should be returned to the Share Registrars of the Company or the Company Secretary at the addresses set out to be received by not later than 17h00 on Tuesday 17th May 2022.
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