Sterling Bank Plc names proxies to represent shareholders at 58th AGM

Sterling Bank Plc has published an eight-man shortlist that will represent other shareholders at the company’s 58th Annual General Meeting (AGM) slated to hold in Lagos on Wednesday, 20th May, 2020

This is one of the measures designed to minimize the congregation of large numbers of people to prevent the spread of the rampaging COVID 19 pandemic.

Temitayo Adegoke, Company Secretary of Sterling Bank Plc, issued the names in a notification to the Nigerian Stock Exchange dated April 30, 2020.

“We wish to notify our Shareholders that Sterling Bank Plc (the Bank’) has published the Notice of its 58th Annual General Meeting (AGM) which is scheduled to hold at MUSON Centre, Onikan, Lagos on Wednesday, 20th May, 2020 at 10.00am.

“Further to the directive of the Federal and State Government on the restriction of large public gatherings in view of COVID-19 pandemic, the Corporate Affairs Commission (CAC) has approved that the AGM be conducted through the use of proxies by Shareholders of the Bank.

“In view of the above, attendance at the AGM shall only be by proxy to minimize physical contacts. Shareholders are therefore advised to kindly select from the underlisted proposed proxies to represent them at the meeting: 1. Mr. Asue Ighodalo 2. Mr. Abubakar Suleiman 3. Mrs. Temitayo Adegoke 4. Brig. Gen E.E. Ikwue (Rtd) 5. Sir Sunny Nwosu 6. Mr. Mathew Akinlade 7. Mr. Boniface Okezie 8. Mr. Gbenga Idowu.

“Please note that the provisions on quorum for the meeting have been carefully considered with theabove measures, as a quorum can be formed either by physical attendance or by proxy. A proxy form is attached to the Annual Report and Shareholders who wish to appoint proxies should send soft copies of their duly executed forms to Pace Registrars via email at info@paceregistrars.com, not less than 48 hours before the time fixed for the meeting. The Bank shall bear the cost of stamp duties on the instruments of proxy.”