An Extraordinary General Meeting of Meyer Plc. will hold at Westwood Hotel, 22, Awolowo Road, Ikoyi, Lagos on 28 of December 2022 by 11.00 am prompt to transact the following business:
Special Business/Special Resolutions:
To consider and if thought fit to pass the following with or without modification as Special Resolutions of Meyer Plc. (the Company):
- That pursuant to Clause 9 of the Company’s Articles of Association and in compliance with the requirements of Section 124 (2) of the Companies & Allied Matters Act 2020 and Regulation 13 of the Companies Regulations, 2021, the Company’s unissued share capital amounting to N401,136,219 (Four Hundred and One Million, One Hundred and Thirty-Six Thousand, Two Hundred and Nineteen Naira) comprising of 802,272,438 (Eight Hundred and Two Million, Two Hundred and Seventy-two Thousand, Four Hundred and Thirty-eight) unissued shares of 50 (Fifty) kobo each be and is hereby cancelled.
- That pursuant to the above Resolution, Clause 7 of the Memorandum of Association be and is hereby substituted to now stipulate as follows:
“ Consequent to the Special Resolution passed on 28 of December, 2022, cancelling N401,136,219 (Four Hundred and One Million, One Hundred and Thirty-six Thousand, Two Hundred and Nineteen Naira) comprising of 802,272,438 (Eight Hundred and Two Million, Two Hundred and Seventy- Two Thousand, Four hundred and Thirty-Eight) unissued shares of 50 (Fifty ) kobo each, the Issued Share Capital of the Company is now N248,863,781 (Two Hundred and Forty-Eight Million, Eight Hundred and Sixty-Three Thousand, Seven Hundred and Eighty-One Naira) divided into 497,727,562 (Four Hundred and Ninety-Seven Million Seven Hundred and Twenty-Seven Thousand, Five Hundred and Sixty-Two) ordinary shares of 50 (Fifty) kobo each”.
3.That the Directors of the Company for the time being, be and are hereby authorized to appoint such professional parties and advisers, and to perform all such other acts and do all such other things as may be necessary for or incidental to effecting the above resolution, including without limitation, complying with directives of any regulatory authority.