MTN Ghana is set to hold its 3rd Annual General Meeting (AGM) virtually via www.mtnghagm.com.
The meeting, slated for Tuesday, May 25, 2021 from 11:00am, will be streamed live from the company’s head office at MTN House in Accra.
A statement from MTN said the meeting will enable shareholders to discuss the audited financial statements together with the reports of the directors and auditors, appoint and fix remuneration of auditors and approve the payment of directors fee for the year ended 31st December 2020.
It said the final dividend for the year ended 31st December 2020 as recommended by the directors will also be reviewed and approved by shareholders.
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“There will also be the re-election and appointment of retiring and new directors of the company, respectively. Shareholders will also be expected to authorize the amendment of the Constitution of the company to increase the maximum number of directors from ten (10) to twelve (12),” the statement said.
It said shareholders with smart devices can participate in the virtual meeting via www.mtnghagm.com from 11:00am, whilst those who do not have smart devices may participate in the AGM by following these steps;
- Dial +233244300025;
- Enter the access code 8000; and
- Enter the conference pin number 056789
“Invitations to the meeting have been sent to all shareholders via SMS and emails with their unique token numbers. Registration for the AGM will start at 8:00am, however the AGM will commence at 11am,” the statement said.
It said a shareholder is allowed to appoint a proxy to attend virtually and vote on their behalf, adding that such a proxy need not be a shareholder of the company. A copy of the Proxy Form may be downloaded from www.mtnghagm.com completed, signed and sent via email only to firstname.lastname@example.org.
In order for shareholders to review the 2020 audited financial statements before the AGM, a copy has been uploaded online and can be found in the Annual Report Brochure section of the AGM portal (www.mtnghagm.com).
Voting during the AGM will be done electronically via the portal or by dialing USSD code *899*0# for non-smart phone users. Furthermore, shareholders who do not submit a proxy prior to the meeting, may vote using their unique token number.
Scancom PLC (MTN Ghana) held its first AGM in May 2019 after it listed on the Ghana Stock Exchange (GSE) on 5 September 2018. It remains the company with the largest number of Ghanaian shareholders following its Initial Public Offering (IPO) which raised GHS 1,146,589,464.75 from 128,152 applicants.
The IPO of MTN Ghana made history as the largest primary share offer in the history of the GSE. Most importantly, it enabled many Ghanaians to own shares in one of Ghana’s largest, most visible and well-respected companies.
The GSE CEO recently lauded MTN for commanding over 80% of volume of trader and 77% of value of trade on the bourse in the first quarter of this year.
For more information on the MTN Virtual AGM, shareholders may contact email@example.com or call 0545823198,0545822865 or 0545822920.