Vitafoam Announces 15Kobo Per Share Dividend in 2017

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January 8, 2017/NSE

At a meeting of the Board of Directors held on 19th December, 2017, the following Resolutions were passed: 

1. Approval of Audited Accounts
The Group Audited Financial Statements for the year ended 30th September, 2017 was approved. 

2. Dividend Recommendation
The Board recommended a dividend of N156.3million representing 15kobo per share for the financial year ended 3Oth September, 2017. The dividend is subject to Shareholders’ approval and withholding tax. If approved at the Annual General Meeting the dividend will be paid on 9th March, 2018, to members whose names appear in the Register of members at the close of business on Friday l6th February, 2018. 

3. 2016 Annual General Meeting
The  company’s  Annual  General  Meeting  will  be  held  at  Lagos  Sheraton  Hotel, Mobolaji Bank Anthony Way, Ikeja, Lagos on Thursday 8th March, 2018. 

4. Closure of Register
The  Register  of  Members  and  Transfer  Books  of the  company will  be closed  from Monday l9th to Friday 23rd February, 2018.