Prestige Assurance Plc has announced that its 55th Annual General Meeting (AGM) will be held on Tuesday, 23rd September 2025 at 11:00 a.m. at the AGIP Recital Hall, MUSON Centre, 8/9 Marina, Onikan, Lagos State.
Ordinary Business to Be Transacted
At the AGM, shareholders will consider and act on the following matters:
Presentation of the Audited Financial Statements for the year ended 31st December 2024, alongside reports of the Directors, Auditors, Board Evaluation Consultants, and Audit Committee.
Election of Directors:
Mrs. Aderonke Adedeji (Non-Executive Director)
Mrs. Smita Srivastava (Non-Executive Director)
Mrs. Girija Subramanian (Non-Executive Director, subject to NAICOM approval)
Re-election of Directors retiring by rotation:
Mrs. Funmi Oyetunji (Independent Non-Executive Director, Chairman)
Dr. Nosike Agokei (Non-Executive Director representing minority shareholders, as per NAICOM Code of Corporate Governance 2021)
Mr. N.S.R. Chandra Prasad (Independent Non-Executive Director, over 70 years old, in line with Section 282 of CAMA 2020).
Re-appointment of Auditors and authorization of Directors to fix their remuneration.
Disclosure of Managers’ remuneration.
Election of members of the Statutory Audit Committee.
The notice was signed by Mrs. Chidinma Ibe-Louis, Company Secretary (FRC/2021/PRO/ICSAN/002/00000023803).
Important Notes for Shareholders
Proxy
Shareholders entitled to attend and vote may appoint a proxy to represent them.
Proxy forms are available on the company’s website: www.prestigeassuranceplc.com
.
Completed forms must be returned to First Registrars and Investor Services Limited, 2 Abebe Village Road, Iganmu, Lagos, or via email at info@firstregistrarsnigeria.com
, at least 48 hours before the meeting.
The company will bear the cost of stamping proxy forms.
Closure of Register
The Register of Members and Transfer Books will be closed from Monday, 8th September 2025 to Tuesday, 16th September 2025 (both days inclusive).
Unclaimed Dividends
Some dividends remain unclaimed. Affected shareholders will receive a list and are advised to contact the Registrar to resolve pending issues.
E-Dividend Mandate
Shareholders who have not completed e-dividend registration should download the Mandate Activation Form from:
www.firstregistrarsnigeria.com
or
www.prestigeassuranceplc.com
.
Completed forms should be submitted to the Registrar or respective banks.
Electronic Annual Report
The 2024 Annual Report and Accounts (e-copy) can be downloaded from:
www.prestigeassuranceplc.com
www.firstregistrarsnigeria.com
.
Shareholders who have updated their records will also receive the e-copy via email or SMS link.
Live Streaming of AGM
The AGM will be streamed live on the company’s website for shareholders and stakeholders unable to attend physically.
Statutory Audit Committee
The Committee consists of 3 shareholder members and 2 Non-Executive Directors.
In line with Section 404(6) of CAMA 2020, shareholders may nominate representatives by notifying the Company Secretary at least 21 days before the AGM.
Members must be financially literate, with at least one belonging to a professional accounting body.
Right to Ask Questions
Shareholders may ask questions about the Annual Report before, during, or after the AGM, in line with Rule 19.12© of the NGX Rulebook (Issuer’s Rules).
AGM Snapshot:📌
Date: Tuesday, 23rd September 2025
Time: 11:00 a.m.
Venue: AGIP Recital Hall, MUSON Centre, Onikan, Lagos
