Corporate ActionsFeaturedGeneral

Corporate Actions: Qualification, Closure, Agm & Payment Due for the Week 16th-20th April, 2018

National Salt Company (NASCON)

The qualification date for the recently announced final cash dividend of N1.50 by the management of Nascon is Thursday 19th April, 2018 while the closure date is 20th April, 2018. Both date falls within the current week. Please note that the Annual General Meeting and Payment date of the said dividend had been slated for 3rd May, 2018 and 8th May 2018 respectively.

 

Dangote Sugar Refinery Plc

The share price of Dangote Sugar will be adjusted for the N1.25 cash dividend announced for the financial performance- year ended 31st December, 2017 on Monday 16th April, 2018 as the qualification date for same was Friday, 13th April, 2018. The payment date for same is 22nd June, 2018 while the Annual General Meeting will hold at Eko Hotel & Suites, Plot 1415, Adetokunbo Ademola Street, Victoria Island, Lagos on the 21st June, 2018.

 

McNichols Plc

On Friday, 20th April, 2018, the share price of McNicholes will be adjusted for the 3k final dividend recently announced for the year ended 31st December, 2017 (Qualification date is Thursday, 19th April, 2018). The payment of same is scheduled for Thursday, 24th April, 2018 while the Annual General Meeting shall be held at yet to be determined venue on Thursday April 19th, 2018.

 

Custodian & Allied Plc

On Tuesday 17th April, 2018, the share price of Custodian & Allied Plc will be adjusted for 32k cash dividend recently announced by its management. Meanwhile, the payment date for same is Tuesday 24th April, 2018 same day as the Annual General Meeting date at Civic Center, Ozumba Mbadiwe Avenue, Victoria Island.

 

Access Bank Plc

On Wednesday 18th April, 2018, the share price of Access Bank Plc will be marked down for the 40k final cash dividend reported by its management. Please note that the qualification date for the said dividend is Thursday, 12th April, 2018. On the 25th April, 2018, it shall hold the Annual General Meeting at Balmoral Convention Centre, Federal Palace Hotel, Plot 6-8, Ahmodu Bello Way, Victoria Island Lagos. On the same day, shareholders’ account will be credited for the dividend.

 

Unilever Nigeria Plc

The closure date for the 50k final cash dividend announced by Unilever is Monday, 16th April, 2018, implying that the qualification date for same is Friday 13th April, 2018. Payment date is 11th May, 2018 while the Annual General Meeting will hold at Shell Hall, MUSON Centre, Onikan, Lagos, Nigeria on 10 May, 2018.

 

Continental Reinsurance Plc

The registrar of Continental-Reinsurance will be closed for 14k cash dividend on Monday, 16th April, 2018, as the qualification date was Friday 13th April, 2018. The payment for same is 26th April, 2018 while the AGM date and venue is respectively 25th April, 2018 at Victoria Crown Plaza Hotel, 292B, Ajose Adeogun Street, Victoria Island Lagos.

 

Nigerian Breweries Plc (NB)

The Annual General Meeting of Nigerian Breweries Plc shall be held on the last day of this week, Friday, 20th April, 2018 at Shell Hall, Muson Centre, 8/9 Marina, Onikan Lagos State. The payment date has been slated for Monday, 23rd April, 2018. Please recall that the company recently announced N3.13 final cash dividend for the year ended 31st December, 2017, which had been adjusted on 7th March, 2018.

 

Transnational Corporation of Nigeria Plc (Transcorp)

The qualification date for the announced 2k final cash dividend by the management of Transcorp is Tuesday, 17th April, 2018 while the registrar of shareholders will be closed and price adjusted on Wednesday, 18th April, 2018. AGM date is 30th April, 2018 at The Ballroom Oriental Hotel, 3, Lekki Epe Express Way Victoria Island Lagos State and Payment is 2nd May, 2018.

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