Cappa and D’Alberto Plc has notified the market that its 65th Annual General Meeting will be held at the Muson Centre, Onikan, Lagos on Thursday, 29th October, 2015 at 11:00 a.m. for the following purposes:

  1. To lay before the Company in General Meeting, the Financial Statements for the year ended 31st March, 2015 and the Report of the Auditors thereon, the Report of the Directors and the Report of the Audit committee;
  2. To declare a dividend;
  3. To re-elect Directors;
  4. To approve the remuneration of the Directors for the year ended 31st March, 2015;
  5. To authorize the Directors to fix the remuneration of the Auditors;
  6. To elect members of the Audit committee;
  7. Special Business

To consider and if thought fit to pass the following resolutions which will be proposed as ordinary resolutions, namely:

Capitalization Reserves: that the sum of N24,609,375.00 from the retained earnings be capitalized, and that the directors be and are hereby authorized and directed to:

  • Apply the said capitalized sum of N24,609,375 on behalf of the shareholders in paying up in full 49,218,750 of the unissued shares of 50 kobo each (ranking for all dividends thereafter declared on the issued shares of the Company);
  • Allot and distribute such 49,218,750 shares credited as fully paid up to and amongst the shareholders in the proportion of one new share of 50 kobo fully paid for every four shares of 50 kobo each fully paid and registered in such shareholders’ name at the close of business on 25th September, 2015.