SEVEN-UP BOTTLING COMPANY PLC – Changes in Management
The Board of Directors of Seven-Up Bottling Company Plc, at its meeting of 8th February, 2017, has appointed Mr. Sunil Sawhney and Mr. Ziad Maalouf as Vice Chairman and Managing Director, respectively, with effect from 1st April, 2017.
Sunil is currently the Managing Director of the Company. Ziad was the Chief Operating Officer of the Company until his appointment.
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GLAXOSMITHKLINE CONSUMER NIGERIA PLC (GSK) – Adjournment of Board Meeting
The Board of Directors of GSK met yesterday, 9th March, 2017, to consider the 2016 Audited Financials of the Company as well as the recommendation of a dividend. However, the meeting was inconclusive and was thus adjourned to 17th March, 2017. Consequently, the Closed Period earlier declared by the Company has been extended and will now end on 23rd March, 2017.
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TRANS-NATIONWIDE EXPRESS PLC – Notice of Board Meeting
A meeting of the Board of Directors of Trans-Nationwide Express Plc. will be held on 23rd March, 2017 to consider and approve the 2016 Audited Financials of the Company as well as issues relating to a dividend.
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STUDIO PRESS NIGERIA PLC – Notice of Board Meeting
Studio Press Nigeria Plc. also notified the market that its Board of Directors will meet on 21st March, 2017 to consider and approve the 2016 Audited Financials of the Company as well as issues relating to a dividend.
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LINKAGE ASSURANCE PLC – Delay in Release of Audited Financial Accounts
Linkage Assurance Plc. has announced that the release of its 2016 Audited Financials may be delayed to a date not later than 30th April, 2017 as a result of the challenges encountered during its 2015 audit exercise. These challenges arose due to the delay in the approval of the accounts of a private company where Linkage holds unquoted shares accounting for over 75% of its investment portfolio.
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FLOUR MILLS OF NIGERIA PLC – Appointment of Independent Non-Executive Director
Flour Mills of Nigeria Plc. has announced the appointment of Mrs. Salamatu Hussaini Suleiman as an Independent Non-Executive Director of the Company with effect from 8th March, 2017. Salamatu is presently an Independent Non-Executive Director on the Board of Stanbic IBTC Holdings Plc. She was previously the Commissioner, Political Affairs, Peace and Security, ECOWAS Commission.
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