KPMG Professional Services Appointed as UACN External Auditor

By
Brand Spur
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0
UAC
UACN: Bracing For Growth Through Restructuring

The UAC of Nigeria PLC has approved KPMG Professional Services as External Auditor in place of the retiring External Auditor, Ernst & Young.

This was disclosed in the resolutions passed at the Annual General Meeting held Wednesday, June 30, 2021, at UAC House, 1 -5 Odunlami Street, Marina, Lagos.

The following resolutions were also considered and duly passed:

  1. That an ordinary dividend of 65 kobo per ordinary share and a special dividend of 55 kobo per ordinary share be paid on July 1, 2021, to all shareholders registered in the books of the Company at the close of business on June 14 2021;
UAC
UACN: Bracing For Growth Through Restructuring
  1. That Mr. Daniel Agbor, who is retiring by rotation, be re-elected as a Director of UAC of Nigeria PLC;
  2. That Mr. Bolaji Odunsi, who is retiring by rotation, be re-elected as a Director of UAC of Nigeria PLC;

The Directors were authorized to fix the remuneration of Auditors and such remuneration be fixed at N24, 725, 000 (Twenty Four Million Seven Hundred and Twenty Five Thousand Naira), VAT exclusive.