SEC Directs Registrars to Pay Unclaimed Dividends Of Defunct Afribank Shareholders

September 13, 2019/SEC

The Securities and Exchange Commission (“The Commission”) wishes to inform shareholders of the defunct Afribank Plc that unclaimed dividends by the bank are being held in trust on their behalf.

Investors that have unclaimed dividends are therefore advised to contact Carnation Registrars to process their dividends for payment.

The Commission has also directed Carnation Registrars and Meristem Trustees to ensure that all genuine claims of beneficiary shareholders be addressed forthwith.

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